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  "path": "/260514/p39#a260514p39",
  "publishedAt": "2026-05-14T23:30:05.000Z",
  "site": "https://www.techmeme.com",
  "tags": [
    "Bloomberg",
    "California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year"
  ],
  "textContent": "Bloomberg:\n**California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year** — California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions …",
  "title": "California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year (Bloomberg)"
}