Morning Links: Governor Newsom Proposes National Billionaire Tax
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Morning Links: Governor Newsom Proposes National Billionaire Tax

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Key Points:

  • California Gov. Gavin Newsom proposed a national tax on billionaires as part of his "economic reset for America" agenda, positioning it as a first step ahead of a potential 2028 presidential run; critics say it falls short of the upcoming wealth tax ballot measure.
  • The Alameda County Sheriff's Office arrested a suspect and seized 546 pounds of commercial-grade fireworks following a home search after the suspect's arrest.
  • Former Vogue editor-in-chief Anna Wintour visited San Francisco as a guest at a party hosted by Mayor Daniel Lurie's chief of protocol, fueling speculation that San Francisco may host Vogue World in 2027.
  • San Jose Sharks general manager Mike Grier made significant moves in the NHL Draft, selecting winger Ivar Stenberg at No. 2, defenseman Keaton Verhoeff at No. 9, and acquiring defenseman Ryan Lin at No. 21 via trade.
  • Vice President JD Vance compared the Watergate scandal to a brief "12-hour news story" if it occurred today, making the remarks at the Richard Nixon Presidential Library while promoting his new book.

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