# Backers of billionaire tax plan to attack Newsom in early presidential primary states

- Source: World & Nation
- Published: 2026-10-23T15:00:00+00:00
- Category: Local
- Original: https://www.latimes.com/california/story/2026-10-23/billionaire-tax-backers-plan-to-attack-newsom-in-early-presidential-primary-states
- Canonical: https://groundlevelnews.com/story/backers-of-billionaire-tax-plan-to-attack-newsom-in-early-presidential-d387b7/

The ad, funded by backers of the wealth tax, castigates Newsom for opposing Proposition 40, the ballot measure that would impose a 5% tax on California billionaires' assets.

_Ground Level News shows a short summary only; the full article and all rights belong to World & Nation._