California Gov. Gavin Newsom Touts State's Economy Despite High Income Taxes and Declining Population
In an exclusive interview with Fox News' Sean Hannity, California Governor Gavin Newsom discussed the state's economy and its current challenges, including high income taxes and a declining population.
Despite these challenges, Newsom expressed confidence in California's economic strength, citing its large and diverse economy, tech industry, and innovation. He also praised the state's efforts to combat climate change, including its ambitious goal to transition to 100% clean energy by 2045.
However, Newsom acknowledged that California's high income tax rates, which are among the highest in the nation, can be a deterrent for some businesses and individuals. He emphasized the importance of striking a balance between necessary revenue for infrastructure and social programs and creating a business-friendly environment.
The governor also addressed concerns about the state's declining population, noting that this trend is not unique to California but is a national issue. He cited factors such as high housing costs, traffic congestion, and the COVID-19 pandemic as contributing factors but said the state is focused on addressing these challenges and creating a more affordable and livable environment.
Newsom also discussed the ongoing debate over school closures and reopening, stating that the
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