California's proposed 'billionaire tax' (Prop 40) has ignited a fierce political battle, pitting progressive labor unions and figures like Bernie Sanders against Silicon Valley billionaires and even key Democrats like Governor Gavin Newsom. The episode explores whether taxing extreme weal
Sign up to read the full summary
Free AI-powered recaps of every episode, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.
Mentions
Books, people, and resources mentioned in this episode.
People
Books
Research & Papers
Topics
Listen to This Episode
More from Today, Explained
The world’s stingiest trillionaire
Bernie vs. the billionaires
The Great American Tax Revolt
The “Epstein class”
Everyone hates data centers
Can you buy the midterms?
Related episodes
From other shows on similar topics.
Why Even Some Democrats Hate California’s Billionaire Tax Proposal
The Daily
California Democrats Can’t Agree On How To Tax Billionaires
The Journal.
The Reporter Nicholas Lemann on California’s Battle to Pass a Billionaire Tax
The New Yorker Radio Hour
Can California Actually Make Billionaires Pay?
The Political Scene | The New Yorker
Ray Madoff (on how billionaires avoid taxes & threaten capitalism)
Armchair Expert with Dax Shepard
Growing Black Unemployment, Taxing California Billionaires, New Supreme Court Cases
Up First from NPR
Get summaries like this every morning.
Free AI-powered recaps of Today, Explained and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.