Art Laffer – California Globe

Gavin Newsom’s Flip Flop on Billionaire Tax is the Real Newsom

June 27, 2026 9:06 amJune 29, 2026 7:13 am

California Governor Gavin Newsom’s flip flop on the billionaire tax isn’t really a flip-flop – it’s Gavin admitting who he really is and that he actually supported it in the first place. Gavin Newsom originally claimed that he opposed the...

California Dethroned: Fortune 500 Crown Goes to Texas

June 5, 2026 7:26 amJune 5, 2026 3:57 pm

The 2026 Fortune 500 list shows Texas leading California in Fortune 500 companies 57-56. Data from the 2026 Fortune 500 list show Texas leading with 57 headquarters, compared with California’s 56, marking a reversal from two years ago, when California...

Progressive Economics Meets Reality: ‘Mansion Tax’ Backers Realize Higher Taxes Stunt Growth

April 20, 2026 4:26 pmApril 22, 2026 1:49 pm

In a plot twist worthy of satire — or a very late Economics 101 class — Democrat-aligned nonprofits, business groups, and even the carpenters’ union have suddenly realized that Los Angeles’ Measure ULA “mansion tax” is hurting housing production and...

Governor Gavin Newsom’s Record on Raising Taxes on the Rich Speaks for Itself

January 24, 2026 9:37 amJanuary 28, 2026 7:04 am

Well, Brandon Richards (He/Him), Governor Gavin Newsom’s Deputy Director of Rapid Response, climbs out from under his rock claiming that Gavin Newsom has opposed taxes on the rich for years. As the Globe reported Friday, California billionaires are leaving the...

The Left’s & SEIU’s Justification of California’s Billionaire Tax is Tiresome

January 23, 2026 10:33 amJanuary 23, 2026 12:16 pm

California billionaires are leaving the state in record numbers, and taking their billions with them. According to one billionaire, more than $1 Trillion has already left. California Governor Gavin Newsom, Democrats and the SEIU are pushing a retroactive billionaire tax...

Bye Bye Billionaires: Gavin Newsom’s California Exodus

January 12, 2026 12:12 pmJanuary 13, 2026 1:44 pm

California billionaires are leaving the state in record numbers, and taking their billions with them. According to one billionaire, more than $1 Trillion has already left. Governor Gavin Newsom is pushing a retroactive billionaire tax targeting the roughly 220 billionaires...

Stick a Fork in California: Gov. Newsom’s Proposed Retroactive Billionaire Tax

November 24, 2025 2:45 amNovember 25, 2025 1:42 pm

California Governor Gavin Newsom is pushing a retroactive billionaire tax targeting the roughly 220 billionaires residing in California in 2025, ignoring that these individuals are the most financially mobile and can live anywhere. Expecting them to remain in the state...