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Home > Valuetainment Podcast > "Destroying Billionaires' Influence" - California Wealth Tax IGNITES Billionaire Backlash
Podcast: Valuetainment Podcast
Episode:

"Destroying Billionaires' Influence" - California Wealth Tax IGNITES Billionaire Backlash
Category: Education
Duration: 00:21:17
Publish Date: 2025-12-29 22:00:01
Description:

California wants to tax billionaires 5% of their net worth, including unrealized gains, starting in 2026. The PBD Podcast breaks down the ballot initiative, union backing, why critics call it asset seizure, and how this policy could drive job creators and capital out of the state for good.
Total Play: 0

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