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Gavin Newsom: “The impact of a one time tax does not solve an ongoing…”

Featuring: Gavin Newsom, Democratic | Governor of California

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California Governor Gavin Newsom | Bloomberg Newsmaker Event

Published | Video Starts at 30:22

The fact is it actually will reduce investments in education. It will reduce investments in teachers and librarians, childcare. It will reduce investments in firefighting and police. The impact of a one time tax does not solve an ongoing structural challenge that has been exacerbated by the impacts of HR1. In fact, what it will do is what the Legislative Analyst office said it would do. Which didn't surprise any of us when they put that out. (30:22–30:34)

CLAIM

Asserts that a one-time tax won't solve structural challenges worsened by HR1.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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