Ruffalo Criticizes Newsom's Billionaire Tax
California voters are deciding on Proposition 40, which would impose a one-time 5% net worth tax on billionaires who were residents on January 1, 2026. The measure aims to address wealth inequality, but it faces opposition from some Democratic leaders, including Governor Gavin Newsom, who has expressed concerns about its potential economic impact. Actor Mark Ruffalo criticized Newsom for opposing the tax, alleging he prioritizes business interests over ordinary Californians and questioning his suitability for higher office.
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