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The California Democratic Party has officially endorsed a one-time, 5% wealth tax on billionaires that will be on the ballot this November. They're right to support it — and Gavin Newsom is wrong to oppose it. Here's why.

Why I Support The California Billionaire TaxBillionaires are crying foul about California's proposed wealth tax.Don't fall for their fearmongering.A one-time, 5% tawww.youtube.com