Key facts
- Governor Gavin Newsom is leading a final effort to prevent a proposed California billionaire tax from reaching voters.
- Newsom assured a major Democratic donor that the tax would not proceed.
Governor Gavin Newsom is spearheading a final campaign to prevent a proposed California billionaire tax from being presented to voters. The initiative seeks to block the tax before it can be put to a public vote. Newsom communicated to a major Democratic donor that there would be no billionaire tax, providing assurances on the matter.