Episode

The Wealth Tax Revival Is Repeating a Failed Experiment

Podcast
Audio Mises Wire
Published
Aug 26, 2026
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Canonical source
https://mises.org/podcasts/audio-mises-wire/wealth-tax-revival-repeating-failed-experiment
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https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-08/mises-145755_20260826.mp3
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/v1/public/podcasts/audio-mises-wire-1133748/episodes/the-wealth-tax-revival-is-repeating-a-failed-experiment
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/podcast/audio-mises-wire-1133748/the-wealth-tax-revival-is-repeating-a-failed-experiment.md

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Summary

California is looking to impose a new wealth tax to fleece the state's billionaires. While supporters of the tax claim it will raise more than $100 billion, if passed, it likely will crash in the same manner that wealth taxes in other countries like Sweden and Colombia have done. Original article: https://mises.org/mises-wire/wealth-tax-revival-repeating-failed-experiment