Gavin Newsom will eine „Big Tent Party“, lehnt jedoch die von der großen Mehrheit der Amerikaner unterstützte Vermögenssteuer ab
https://www.commondreams.org/news/newsom-oppose-wealth-tax-big-tent
Gavin Newsom will eine „Big Tent Party“, lehnt jedoch die von der großen Mehrheit der Amerikaner unterstützte Vermögenssteuer ab
https://www.commondreams.org/news/newsom-oppose-wealth-tax-big-tent
48 Kommentare
Then he is part of the problem, not part of the solution.
Newsom is being tone deaf here.
If dems want to win in 28 they need a candidate who’s willing to meet voters where they are and one of the things that matters to most Americans is dealing with wealth disparity.
Yes, because he doesn’t actually want a “big tent” party. It’s the same messaging as “vote blue no matter who.” Diversity in beliefs are only relevant when it benefits him (and others) while running for office.
Neoliberals are not your friend. Neoliberals do not want you to prosper. They want you to accept the little morsels and scraps that they toss you and for you to *never* ask for more.
After all, you don’t want the Republicans to win, do you? They’ll take away your bone and your scraps, so just be a good dog and shut up. That billionaire needs another yacht.
This is the classic „big tent“ paradox. The tent is big enough for a wide range of opinions, as long as those opinions don’t challenge the wealthy donors holding up the tent poles. Supporting something 70% of Americans want seems like a no-brainer for a populist party… unless populism conflicts with the donor class.
Please Democrats do not pick this corporatist to be your nominee.
The US tax system is fundamentally designed in favor of the wealthiest.
A one off 5% wealth tax won’t fix that. It’s bad policy because it doesn’t address the problem and is guaranteed to create more. If it was passed and enacted, how long would it be before it was proposed again? 2 years? 5 years? 10 years? So now you have a system with no set rates for the wealthiest, because they’re in a position where the State can at any given time decide they want to take 5% of their net worth.
How about designing a tax system that addresses the issue long term? Fix the loopholes (like buy, borrow, die), set corporate and personal rates at sustainable levels, implement minimum tax rates for everyone, including the wealthiest,apply the social security tax to all income. There are a myriad of changes that could be made to make the system fairer and ensure the wealthiest pay reasonable rates and doing so would be far better for the country than a „one off“ wealth tax.
This is why he is a POSSIBLE Democratic candidate for 2028, but not PREFERRED.
If the big tent he wants to build included charlie kirk then he can kindly fuck all of the way off.
Controlled opposition?
This guy sucks and a bunch of quirky tweets aren’t enough to cover that
It’s a stupid tax that doesn’t really address the issue of wealth disparity and tax avoidance that billionaires engage in.
Get rid of step up in basis so their heirs can’t inherit their wealth without paying capital gains. Tax the loans that the rich are taking out against their stock portfolios in order avoid paying capital gains. Align capital gains tax rates more closely like ordinary income.
The tax is a political gesture not a structural fix. It targets a snapshot of wealth without tackling the mechanisms billionaires use to legally avoid paying taxes year-to-year.
Newsom is an establishment corporate democrat that takes super pac money. He’s a capitalist that serves the neoliberal elite, he does not serve the working people.
If you aren’t willing to be the change candidate in 2028 idk wtf you think you are even doing running. Do these candidates really think the people yearn for the status quo?
I don’t support a wealth tax, either, and in the askaliberal sub I’m frequently accused of being a tankie.
I’d rather tax the loans against their portfolios that they take out, with a progressive tax scale (the bigger loans get bumped to bigger brackets). And I’d like the law made generic enough that it can cover any new instrument wealth management banks create: basically any time a wealthy person makes use of their assets, it should be a taxable event.
That said, of course Newsom wants a „big tent party.“ The democratic party is already a big tent party. So big that there isn’t a coherent ideology the party can offer as an identity. That’s why the fascist propaganda machine, with it’s juvenile memes and braindead messaging, has been so successful at branding them. Democrats need to realize that it’s okay if a bunch of neocons don’t like the party anymore, and look towards a more modernized FDR style left-populism. Newsom isn’t going to do that. He hasn’t got any political ideology, either, other than „Newsom needs more power/higher office.“ No, thanks.
I’m glad people are finally waking up to how slimy this man is. Gavin “I agree with Charlie Kirk” Newsom belongs far away from the Oval Office. Becoming Republicans isn’t the way to beat them!
Don’t fall for the bots, Reddit!
He did NOT say he was against billionair tax, he said he wasn’t for a one-time bandaid tax to repair what fed admin has done to damage the state and rather find permanent long term solution.
LPT: watch out going fwd, they are already trying to build on successful campaign against Hillary and Biden to pre-undercut any likely DEM with seed distrust. It doesn’t matter if he’s not 100% perfect, after a vigorous primary we get to see what/where the DEM party is.
„Wealth Tax“ has a nice ring to it, but when it was tried in the UK in the 1970s (called the „asset tax“) it really didn’t work out very well.
Stuff like this is always popular with voters, for obvious reasons, as an abstract concept, but wealthy individuals are always going to come with a work around.
Any Democrat who isn’t willing to start clawing back the money that has been stolen from us over the last 40 years should not be our candidate for president. Period. Capitulating/corporate democrats is what got us here. The gop has been extreme in their policies to disenfranchise working people and „moderate“ democrats have enabled them by „reaching across the aisle“. Fuck all that. I want someone who will fight for the working class. Right now, the rich are hoarding all of the wealth and if Gavin isn’t willing to start taking it back then fuck him. And anyone else with his attitude. The democratic leadership needs to be as extreme in fighting for us as the GOP has been in taking everything from us.
Pass. He wants a big tent which means nothing gets done
We really need to move on from Newsom, he’s not the solution. Leftist candidates are wildly outperforming expectations. We do not HAVE to run corporate funded liberals.
And Hillary just went on a rant about how kids are brainwashed against Israel by TikTok and social media showing us actual images of war and destruction. The old guard are completely out of touch with the new generation of democrats. They need to gtfo of the way
His potential campaign donors are the wealthy. Take the money out of politics and then maybe the average citizen will get representation. Under the current system, those with money own those with power. („the rich get rich and the poor get poorer‘)
he means a big tent with air conditioning and expensive catering filled with billionaires
He’s a corpo shill just like the rest. If we’re talking about changing the status quo he’s the last person I want in office.
Big tent party is why Democrats continue to lose. There are a lot of people that don’t want to share a tent with someone like Liz Cheney.
I was all in. Now I’m all out.
I’ll still vote for him if he’s facing off vs some GOP turd, but I’ll save all my „support“ for local progressive candidates.
Oh look, another politician that will be lying to the average American to get their vote
He’s exposing the problem: corporations control the political parties.
And like that democrats remind their constituents that they don’t work for them either.
It’s legitimately like watching the Harlem Globetrotters and thinking maybe the other team will actually win this time.
Just another donor-oriented politician who happens to be a Democrat. It is vital to get pac money out of politics. It is poisoning our country.
Can we please look at the facts? Somone proposed an *INSANE* random-one-time tax of 5% of all current billionaires net worth (which would never pass) and since Gavin refused to acknowledged it he’s now seen as pro billionaire? Cmon.
Gavin is not the answer I’m afraid. He’s way too much traditional centrist Dem.
Newsom just lost me. We need someone better than this. He is just another corpo dem. Hard pass
Two big issues will drive the next election – corruption and affordability. Newsome is good at the media game, but if he refuses to go after the root cause of these problems he is useless.
Billionaire corruption has reached fascism levels. Armed goons in masks are kidnapping and disappearing the poors. Why? Their papers are not in order. Meanwhile, the Supreme Court is issuing get-out-of-jail passes to billionaires. A billionaire-run group just trashed the government and stole our data without any consequences. The government is broken.
Trump is jerking the economy around with tariffs to get rich on bribery and insider trading. Small business bankruptcies are up. Layoffs are up. The economy is breaking.
This is all hitting home as an affordability crisis. Health insurance premiums doubling and tripling? Housing stock snapped up by speculators? Coffee doubling in price overnight? People notice this stuff.
The root cause is runaway wealth inequality from decades of cutting taxes on the ultra rich. We now have a class of billionaires, and will soon have a trillionaire or two.
Tax them.
Disqualifying position, honestly. I know there are likely lots of people toward the center who like Newsom, and he’s clearly a deft political operator. That being said, I will not be a supporter of anyone who doesnt support massively increased taxes on the billionaire class. Our society falls apart very soon without them.
He’s done.
It’s a class war now, no longer a culture war, and he’s on the wrong side.
Gavin 👏 Newsom 👏 sucks 👏
„Big tent party,“ to him, means he wants to get the support of people who lean left without giving them *anything* which is exactly what the policy has been since Clinton.
I was at once supportive of Newsom as the guy but the more and more I seethe need for an FDR type response from Dems the more and more I see us needing a much more progressive candidate. The Roosevelts were a very wealthy family but that did not stop FDR from tackling the problems of the poor head on.
While a wealth tax sounds good, it’s not easy to implement and can be tricky on who we apply it to. It’s far easier to fix the tax loopholes and raise their income tax percentage. It worked in the past and it is more fair.
Has anyone here read the article? He shot down a *one time* wealth tax because it’s dumb and doesn’t change anything going forward, but the news headlines make it sound like he’s selling out.
Someone standing up to Trump successfully and becoming popular? Quick! Break out the purity testing!
He just lost the nomination
This is why trump voters can point to dems and say they are just as bad as republicans. And they’re half right.
A wealth tax may not be the way to go, but we absolutely need to reclassify what is defined as income.
The use of stock options as non-monetary, untaxed income has been a problem for decades. If options are granted, not excised, tax them at present value for income. When they are excised, then they are taxed at capital gains rates.
Hell, any benefit awarded as compensation should be taxed as income. Got a company jet that is used for non business travel, tax it at market rates.
When stocks are used a collateral for lines of credit, the stock should be treated as having been sold, and any resulting capital gains would again be taxed.
There has to be a higher tax rate on the upper thresholds of income, but we need to fix the glaring loopholes to even figure out what that rate will be.
What he’s saying is he doesn’t want the Democratic Party to stand for anything. He’s still convinced they can get the mythical disaffected Republican votes by being just barely less right-wing than MAGA. Man he’s dumb. We sure AF better not nominate him in 2028.
And too many purity liberals will refuse to vote in 2028 because of this.