Newsom's Two Billionaire Taxes: The One He Sells vs. the One He Fights

Gavin Newsom pitched a national 'billionaires' tax' - a minimum income tax he calls a modern Buffett Rule - the same week he reaffirmed opposition to California's one-time 5% wealth tax on billionaires, headed for the November ballot. Marcus runs the ground game on the real difference between taxing income and taxing wealth, and what's actually on your ballot.