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Mark Ruffalo criticizes California Governor Gavin Newsom over wealth tax
Actor Mark Ruffalo has publicly criticized California Governor Gavin Newsom for his opposition to a proposed wealth tax on billionaires. The dispute centers on two competing ballot initiatives set for the November 3 election.
Proposition 40 proposes a one-time 5% tax on the net worth of California billionaires, with revenue intended to fund healthcare programs. In contrast, Governor Newsom supports Proposition 42, which would restrict the state from imposing new taxes on financial assets and personal property, a move supporters say protects retirement savings and prevents wealthy residents from leaving the state.
Ruffalo expressed his disapproval on social media, calling Newsom’s stance “more than sad” and “disappointing.” He further suggested that the Governor’s position could be “disqualifying” for any politician seeking higher office, particularly as the state faces rising costs of living and healthcare challenges.