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Shumita Basu

👤 Speaker
11987 total appearances

Appearances Over Time

Podcast Appearances

Apple News Today
How Trump’s Greenland threats could spark a new trade war

The DOJ has said it wants the lists in order to ensure states are following federal laws to maintain their voter rolls.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

But the concern is that inaccurate information could disenfranchise voters.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

Even as many of these efforts may turn out to be unsuccessful, Marley said that raising the issues could be used as pretext later for the president to falsely claim fraud in the election process.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

A proposed billionaire wealth tax in California has generated national headlines, statewide controversy and threats of exodus from its wealthy Silicon Valley community.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

The idea would be to tax residents worth more than a billion dollars, a one-time 5% tax on their total combined wealth, going beyond a more conventional income tax.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

A health care union is behind the proposal and wants to raise the money to provide more health care support.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

Now, this is still a long way from happening.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

It's being targeted as a measure to be put to voters on the November ballot, but it hasn't yet received the signatures it needs.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

Despite that, it has already generated huge discussion, as Sarah Libby, the San Francisco Chronicle's politics editor, explained.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

In late December, PayPal co-founder Peter Thiel's private investment firm announced its relocation to Miami.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

Trump advisor and tech investor David Sachs recently said he had moved to Austin.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

And Google co-founders Larry Page and Sergey Brin appealed.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

appeared to have moved some of their financial interests from the state shortly before the new year.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

Now, given the tax is many steps from actually passing, this all might sound premature, but the ballot measure seeks to apply it to anyone living in California from January 1st of this year.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

Governor Gavin Newsom, a former San Francisco mayor with longstanding ties to tech, has come out firmly against the tax proposal, telling The New York Times he's been working behind the scenes against it.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

It has attracted some support from the left.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

Vermont Senator Bernie Sanders and California Congressman Ro Khanna have backed it, as have some Democratic-aligned unions.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

But Libby told us most local lawmakers have avoided offering their support so far.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

One CEO who appears relaxed is NVIDIA's Jensen Huang, who Forbes estimates is worth over $160 billion.

Apple News Today
How Trump’s Greenland threats could spark a new trade war

Talking to Bloomberg, he said he hadn't given it any thought.