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“He Caved” - Newsom Caved to Socialists Proposing a National Wealth Tax

2026-06-29 News & Politics
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Valuetainment
Valuetainment
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Description

Gavin Newsom has reversed course, moving from skepticism over California's wealth tax to publicly supporting a national version. Patrick Bet-David and the panel debate whether Newsom caved to the Democratic Party's progressive wing and what higher taxes could mean for top earners and the U.S. economy. ------ ▶️ WATCH FULL EPISODE: https://www.youtube.com/watch?v=957GyYcI1fU 🧑‍🧑‍🧒‍🧒 HOW TO RAISE STRONG KIDS: FREE LIVE WEBINAR: https://bit.ly/4fRBuik ⚽️ SHOP THE USA 250 COLLECTION: https://bit.ly/4g0bfWY 🦁 THE VAULT 2026: AUG 31ST TO SEPT 1ST: https://bit.ly/4mZdLhD 😆 CHECK OUT VENTING WITH VINNIE: https://youtube.com/live/XTIx7FCjl_8 📕 BUY BRET BAIER'S CASE FOR AMERICA: https://bit.ly/4emcm24 🦁 SPONSOR THE VAULT 2026: https://bit.ly/4mFBPpw Ⓜ️ CONNECT ON MINNECT: ⁠⁠https://bit.ly/4kSVkso Ⓜ️ PBD PODCAST CIRCLES: https://bit.ly/4mAWQAP 👔 BET-DAVID CONSULTING: https://bit.ly/4lzQph2 🥃 BOARDROOM CIGAR LOUNGE: https://bit.ly/4pzLEXj 🇰 KALSHI: ⁠http://kalshi.com/pbd⁠ SUBSCRIBE TO: @VALUETAINMENT @ValuetainmentComedy ABOUT US: Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Top Comments (10)

@davidraymond7920 2026-06-29

That dude is a idiot

92 4 replies
@buddhaful6923 2026-06-29

Billionaire tax bill is a joke. Fraud is the problem and cutting cost!

79 11 replies
@bandjolyn 2026-06-29

Cool so instead of addressing rampant fraud in the state, they decide to steal more money. Got it.

75 2 replies
@Independent432 2026-06-29

Now he's pushing Socialism just terrible

75 2 replies
@Contradictions_all 2026-06-29

Voters only hear top 10% and think that's just millionaires and he knows that the average voter isn't smart enough to comprehend.

67 2 replies
@Mariah-o4m7j 2026-06-29

Of course he caved. He has seen how the Socialists have advanced in DC and how Communism can continue to flourish. The people of CA must be aware of this and not allow this to happen! 😡

51 2 replies
@Rene-m2j3d 2026-06-29

Gruesome Newsom

48 2 replies
@BrendaBarthelemy 2026-06-29

It’s so hard to listen to him! He is such a snake!!!

42 2 replies
@williamfiliciello2133 2026-06-29

Eliminate government fraud and everybody gets a tax cut

21
@fernandoalarcon8534 2026-06-29

There isn’t a lack of money. There’s an inability to manage money.

18 1 replies

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