California is debating a state budget that includes a new sales tax on software downloads.
1 report, 1 independent
Updated Jun 18
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What happened
California is debating a state budget that includes a new sales tax on software downloads.
Who's involved
What this event is mainly aboutKeep exploring
Part of
A tax proposal in California is under debate, involving support from Bernie Sanders and key political figures like Gavin Newsom and Donald Trump.Also in this story
- The California Democratic Party supports a tax measure while Governor Gavin Newsom opposes the proposed measure.
- The California Democratic Party endorsed the wealth tax proposal, while Ron Conway pressured an unnamed Congressman to abandon it.
- A proposed tax measure has been introduced in California aimed at curbing oil price gouging.
- Senator Bernie Sanders proposes wealth transfer from the AI industry, while Donald Trump expresses interest in a public stake in AI, involving CEO Sam Altman of OpenAI.
The entities involved
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Gavin Newsom
40th governor of California since 2019
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Microsoft
American multinational technology corporation
- Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.
- Cloud giants, including Microsoft, Amazon, Anthropic, OpenAI, and Google, are benefiting from overall AI market growth while navigating corporate cost containment and future market competition.