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California Dems Buck Newsom With Vote To Endorse Billionaire Wealth Tax

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He has instead pushed for a federal version that would close the exit door.

Becerra staked out identical territory on Friday, the day before the committee vote, announcing his positions on several November measures.

He backed Proposition 3, which would permanently extend an existing high-earner income-tax surcharge for education funding, but pointedly declined to support the billionaire levy.

The resolutions committee ignored both men.

That puts the party’s rank-and-file activists in direct conflict with the sitting governor and the candidate seeking to succeed him.

In a state where Democrats control every major office and legislative chamber, the split is unusually stark.

Newsom and Becerra are not fighting Republicans; they are fighting their own party’s left wing.

Proposition 40’s chief advocate is Dave Regan, president of SEIU United Healthcare Workers West.

Supporters cast the tax as essential to replace what they claim are roughly $100 billion in federal healthcare cuts under the Trump administration.

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