Gavin Newsom: “We have something called Secure California as it relates to…”

“By the way, the Danes do this where we pay employers to keep you employed and pay a percentage of that salary over the course of a number of years and then provide that ramp to the alternative. Looking at portable benefits radically differently. We have something called Secure California as it relates to retirement benefits. We're looking at other benefits that aren't attached, like health care to your employer. Looking at the payroll tax system that perversely rewards the exact thing we want to avoid, which is we give tax credits for automation, but we penalize businesses for hiring.” (34:17–34:22)

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