Newsom’s budget assumes continued stability at the very top of California’s tax base. Reality check: proposals like the SEIU wealth tax are already prompting income, investments, and jobs to leave the state. Learn more:https://www.sheehystrategygroup.com/news/2026/1/19/tom-sheehy-breaks-down-newsom-budget-with-assemblyman-josh-hoover#cabudget #cagov #caleg

Newsom’s budget assumes continued stability at the very top of California’s tax base. Reality check: proposals like the SEIU wealth tax are already prompting income, investments, and jobs to leave the state. Learn more:https://www.sheehystrategygroup.com/news/2026/1/19/tom-sheehy-breaks-down-newsom-budget-with-assemblyman-josh-hoover #cabudget #cagov #caleg

SEIU Wealth Tax Impact on State Revenues

As principal and founder of Sheehy Strategy Group and former Chief Deputy Director of the California Department of Finance, Tom Sheehy is recognized as one of Sacramento’s most experienced and influential lobbyists, as well as a fiscal expert.

Sheehy Strategy Group is a full-service government relations, lobbying and public strategy firm with unparalleled experience and statewide reach and depth that has helped a diverse array of clientele navigate California's political landscape before the State Senate, Assembly, Governor and state agencies.

Learn more at https://sheehystrategygroup.com

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As principal and founder of Sheehy Strategy Group and former Chief Deputy Director of the California Department of Finance, Tom Sheehy is recognized as one of Sacramento’s most experienced and influential lobbyists, as well as a fiscal expert. Sheehy Strategy Group is a full-service government relations, lobbying and public strategy firm with unparalleled experience and statewide reach and depth that has helped a diverse array of clientele navigate California's political landscape before the State Senate, Assembly, Governor and state agencies. Learn more at https://sheehystrategygroup.com

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SEIU Wealth Tax Impact on State Revenues

SEIU Wealth Tax Impact on State Revenues