California considers a wealth tax on billionaires
The NPR Politics Podcast

California considers a wealth tax on billionaires

B2Upper-intermediateOctober 7, 202621 min
  • Politics

California has more billionaires than any other state in the U.S. On the state's ballot this election cycle is a proposition to levy a one-time wealth tax on its resident billionaires. We explain what the tax would do, and why the groups & figures opposing the initiative make for strange bedfellows. This episode: voting correspondent Miles Parks, senior political correspondent Tamara Keith, and KQED correspondent Marisa Lagos. This podcast was produced and edited by Casey Morell and Bria Suggs. Our executive producer is Muthoni Muturi. Support public media with NPR+ and enjoy...

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California has more billionaires than any other state in the country.

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be a little less rich.

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A free press is a critical protection for We the People. The NPR network proudly upholds your First Amendment rights with independent journalism that answers only to you. Your support keeps our reporters on the ground holding power to account, and the power to

0:15

decide what's next for public media is yours. Give at donate.npr.org. California has more billionaires than any other state in the country. This fall, California voters are going to be deciding whether those billionaires should

0:33

be a little less rich. It's a proposal that is actually dividing some Democrats in a way that might surprise you. Let's dig in.

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