After losing one billionaire tax battle, Gavin Newsom prepares to wage another

California Governor Gavin Newsom, who's eyeing a potential presidential bid, recently pitched a national wealth tax and a plan to let Americans own a slice of AI profits. This move comes after his previous attempt to tax California's billionaires faced legal hurdles. Newsom's new initiatives underscore his commitment to progressive taxation and economic reforms, aiming to address wealth inequality and invest in emerging technologies. The implications could shape national tax policies and tech-worker benefits if adopted nationwide.