Episode

Emmanuel Saez: Billionaires Pay Lower Tax Rates Than Their Assistants

Podcast

Agitation Nation: A Podcast From The Fenton Forecast

Published

Aug 25, 2026

Duration seconds

2568

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not_requested

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https://share.transistor.fm/s/795b3170

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https://media.transistor.fm/795b3170/7f6daf1f.mp3

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Summary

Economist Emmanuel Saez wrote California's first-ever billionaire wealth tax. The Berkeley economist behind Prop 40 explains why a 1% wealth tax could raise $20 billion a year — and why Google's co-founders are spending millions to stop it.