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Fortune
Fortune
Jake Angelo

California Gov. Gavin Newsom doubles down on his criticism of the proposed billionaire wealth tax

Photo of Gavin Newsom (Credit: Bloomberg via Getty Images)

As the push for a new billionaire tax takes center stage in the Golden State, Gov. Gavin Newsom is not relenting in his criticism of the proposed ballot initiative.

In an interview with Bloomberg Businessweek last Thursday, Newsom said the tax could end up hurting the state in the long term. 

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