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The New Yorker Radio Hour — The Reporter Nicholas Lemann on California’s Battle to Pass a Billionaire Tax
Not scored yet18m·2026-10-13·News Politics

The Reporter Nicholas Lemann on California’s Battle to Pass a Billionaire Tax

The New Yorker Radio Hour

In California, progressives have crafted a ballot initiative that calls for a wealth tax—a one-time, five-per-cent tax on wealth above a billion dollars, earmarked to shore up the state’s health-care system after drastic federal cuts. Wealth inequality is a vast concern, especially among Democrats, and taxes on…

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