Gavin Newsom: “I spoke recently about the need for a national billionaires…”

“But millions and millions of people go without health care if a truck driver pays a larger percentage of his income in taxes than a factory owner. I spoke recently about the need for a national billionaires tax, about ending corporate tax loopholes. about making sure working people benefit from from the boom in AI technology. In short, we need to democratize our economy if we're going to save our democracy today.” (00:19–00:26)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.