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Democratic candidate for CA Gov. Tom Steyer thinks "it's time for billionaires like me...to be willing to pay more." So I pressed him on what that means? Does he support the proposed wealth tax on 5% of all assets of billionaires? Wouldn't answer definitively. Would he raise taxes on... show more

Elex Michaelson

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88,838 views • 8 months ago •via X (Twitter)

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Graham Platner: “We should never tax someone into poverty. We should also still raise taxes on billionaires and corporations. Bezos wants us to think if you raise his individual taxes, that money isn’t going to pay for all the things you want. That’s why we’re not raising it just on you. We’re raising it on all 930 billionaires in the US. It’s why we’re also not just going after your income, but the wealth as well. The wealth they sit on, the wealth they never actually bring into the real world so they never pay capital gains on it, but they borrow against it so they can have liquidity. Of course Jeff Bezos is gonna tell us if we raise his taxes things won’t get better. He doesn’t want us to raise his taxes. He’s a greedy person. That makes perfect sense to me that he would say that. He’s just entirely wrong and self-serving”

Graham Platner: “We should never tax someone into poverty. We should also still raise taxes on billionaires and corporations. Bezos wants us to think if you raise his individual taxes, that money isn’t going to pay for all the things you want. That’s why we’re not raising it just on you. We’re raising it on all 930 billionaires in the US. It’s why we’re also not just going after your income, but the wealth as well. The wealth they sit on, the wealth they never actually bring into the real world so they never pay capital gains on it, but they borrow against it so they can have liquidity. Of course Jeff Bezos is gonna tell us if we raise his taxes things won’t get better. He doesn’t want us to raise his taxes. He’s a greedy person. That makes perfect sense to me that he would say that. He’s just entirely wrong and self-serving”

Marco Foster

685,992 views • 4 months ago

.Bernie Sanders wants Californians to pass a 5% tax on the wealth of billionaires. "If California can do it, this will be a message...to the world." He dismisses concerns when I press him on billionaires leaving the state & taking their tax revenue with them. He also responds to Gavin Newsom's opposition to this idea. Full interview via The Story Is:

.Bernie Sanders wants Californians to pass a 5% tax on the wealth of billionaires. "If California can do it, this will be a message...to the world." He dismisses concerns when I press him on billionaires leaving the state & taking their tax revenue with them. He also responds to Gavin Newsom's opposition to this idea. Full interview via The Story Is:

Elex Michaelson

42,142 views • 7 months ago

Financial literacy is chasing Gavin Newsom, but he is running faster. He's running so fast he's chasing the billionaires and multimillionaires out of the state. The '2026 Billionaire Tax Act' is a ballot initiative for November 2026 that would impose a "one-time" 5% asset tax on individuals with over $1 billion in assets. It's not going to be one-time, and it's not going to stop with the billionaires.

Financial literacy is chasing Gavin Newsom, but he is running faster. He's running so fast he's chasing the billionaires and multimillionaires out of the state. The '2026 Billionaire Tax Act' is a ballot initiative for November 2026 that would impose a "one-time" 5% asset tax on individuals with over $1 billion in assets. It's not going to be one-time, and it's not going to stop with the billionaires.

Avery Daye

18,993 views • 9 months ago

2023. Bernie says there should not be billionaires, and is pressed on what his line is for exactly how much wealth he thinks someone should be able to have. "If there should not be billionaires, then that’s the line.” There it is. The magical number that Bernie has decreed as the maximum amount of individual success that should be allowed in America.

2023. Bernie says there should not be billionaires, and is pressed on what his line is for exactly how much wealth he thinks someone should be able to have. "If there should not be billionaires, then that’s the line.” There it is. The magical number that Bernie has decreed as the maximum amount of individual success that should be allowed in America.

Western Lensman

27,017 views • 3 months ago

San Francisco Mayor Daniel Lurie declined to say whether he supports a proposed California ballot initiative that would institute a one-time 5% tax on the state’s billionaires, but he did tell @TonyDokoupil that billionaires fleeing his city if it passes is “obviously a concern.”

San Francisco Mayor Daniel Lurie declined to say whether he supports a proposed California ballot initiative that would institute a one-time 5% tax on the state’s billionaires, but he did tell @TonyDokoupil that billionaires fleeing his city if it passes is “obviously a concern.”

CBS Evening News with Tony Dokoupil

31,773 views • 8 months ago

AOC: The order has come down to this committee. Find $880 billion to pay for a tax cuts on yachts, jets, billionaires, and mega corporations while working class people pay higher tax rates than Facebook does. Undocumented immigrants pay more in taxes than many large corporations

AOC: The order has come down to this committee. Find $880 billion to pay for a tax cuts on yachts, jets, billionaires, and mega corporations while working class people pay higher tax rates than Facebook does. Undocumented immigrants pay more in taxes than many large corporations

Acyn

1,546,276 views • 1 year ago

Gov. Gavin Newsom says he disagrees with Mayor Zohran Kwame Mamdani about the need for a wealth tax on billionaires, which he is “adamantly against” - says Dems are a “big tent party” with both views. More on the CA proposal:

Gov. Gavin Newsom says he disagrees with Mayor Zohran Kwame Mamdani about the need for a wealth tax on billionaires, which he is “adamantly against” - says Dems are a “big tent party” with both views. More on the CA proposal:

The Tennessee Holler

806,268 views • 10 months ago

Billionaires are crying foul about California's proposed wealth tax. Don't fall for their fearmongering. A one-time, 5% tax on their excessive wealth is essential to funding what millions of Californians need — and to preserving our democracy.

Billionaires are crying foul about California's proposed wealth tax. Don't fall for their fearmongering. A one-time, 5% tax on their excessive wealth is essential to funding what millions of Californians need — and to preserving our democracy.

Robert Reich

191,849 views • 5 months ago

In Britain, we tax work more than wealth — unfair and bad for our economy. A 2% tax on assets over £10m would start to fix it. If any unpatriotic billionaires want to run off, fine — sell up to someone who’ll pay and face an exit tax on the way out.

In Britain, we tax work more than wealth — unfair and bad for our economy. A 2% tax on assets over £10m would start to fix it. If any unpatriotic billionaires want to run off, fine — sell up to someone who’ll pay and face an exit tax on the way out.

James Schneider

240,073 views • 11 months ago

Yesterday on Fox News, I called out Trump for raising taxes on workers with these stupid tariffs and engaging in the largest redistribution of wealth in American history. They are stealing YOUR money and giving it to CORRUPT BILLIONAIRES. Burn it down.

Yesterday on Fox News, I called out Trump for raising taxes on workers with these stupid tariffs and engaging in the largest redistribution of wealth in American history. They are stealing YOUR money and giving it to CORRUPT BILLIONAIRES. Burn it down.

Mike Nellis

12,812 views • 1 month ago

There is so much going on in this video, and it’s all crazy - Man is forced to carry full insurance on a truck that doesn’t run - He bought older trucks so he had something to drive, the DMV makes him pay taxes on not what he bought it for but what the MSRP was - Registration fees on these older trucks is over $1,100 - He has to pay different taxes between counties - The DMV asks if he wants to assign a death owner to take over the vehicle if something happens, he’s told if he does there’s taxes on that too There’s so much more in this video you just have to watch, it’s insane what America has become

There is so much going on in this video, and it’s all crazy - Man is forced to carry full insurance on a truck that doesn’t run - He bought older trucks so he had something to drive, the DMV makes him pay taxes on not what he bought it for but what the MSRP was - Registration fees on these older trucks is over $1,100 - He has to pay different taxes between counties - The DMV asks if he wants to assign a death owner to take over the vehicle if something happens, he’s told if he does there’s taxes on that too There’s so much more in this video you just have to watch, it’s insane what America has become

Wall Street Apes

851,200 views • 1 year ago

A proposal to tax billionaires in California could raise up to $100 billion to close the gap on federal health care cuts. U.S. Senator Bernie Sanders is now backing the campaign, meanwhile some big-name billionaires have reportedly threatened to leave the state incase the proposed wealth tax goes through. For more information, click the link below.

A proposal to tax billionaires in California could raise up to $100 billion to close the gap on federal health care cuts. U.S. Senator Bernie Sanders is now backing the campaign, meanwhile some big-name billionaires have reportedly threatened to leave the state incase the proposed wealth tax goes through. For more information, click the link below.

ABC7 News

13,931 views • 9 months ago

REPORTER: "The president said he wants to let the Trump tax cuts expire. If that law expires, it does raise taxes on almost every American. Does he still support that expiring without anything else in place?" KJP: "The president is going to allow the Trump tax cut expire. He was very clear. But he will not raise taxes on anyone making less than $400,000/year…It’s going to expire for the wealthy." REPORTER: "The president can’t pick and choose which parts of the law sunsets. The entire law will sunset, and the Tax Foundation says that someone who's married, two kids, making $85,000 would pay $1,700 more in taxes. That's somebody under $400K—" KJP: BUT REPUBLICANS.

REPORTER: "The president said he wants to let the Trump tax cuts expire. If that law expires, it does raise taxes on almost every American. Does he still support that expiring without anything else in place?" KJP: "The president is going to allow the Trump tax cut expire. He was very clear. But he will not raise taxes on anyone making less than $400,000/year…It’s going to expire for the wealthy." REPORTER: "The president can’t pick and choose which parts of the law sunsets. The entire law will sunset, and the Tax Foundation says that someone who's married, two kids, making $85,000 would pay $1,700 more in taxes. That's somebody under $400K—" KJP: BUT REPUBLICANS.

Townhall.com

3,215,178 views • 2 years ago

Bernie rails against Elon again, says a 5% annual wealth tax on billionaires would mean Elon pays $39 billion more in taxes. “Leaving him, I know this is tough Elon — with just $737 billion in which to survive."

Bernie rails against Elon again, says a 5% annual wealth tax on billionaires would mean Elon pays $39 billion more in taxes. “Leaving him, I know this is tough Elon — with just $737 billion in which to survive."

Western Lensman

161,725 views • 3 months ago

You can set your watch to it. New York City’s new Mayor, Zohran Mamdani, just announced the city is in a massive $12 BILLION financial hole. To fill the hole, he is pushing to raise income taxes on top earners and hike the corporate tax rate to 11.5% making NYC the highest-tax jurisdiction for earners in the entire country. He claims he talked to a millionaire who said they "wouldn't leave" over a tax hike. But economists (and common sense) warn that businesses and wealth are already packing their bags. He ran on "affordability," but it looks like the first order of business is making the city more expensive for the people who pay the bills.

You can set your watch to it. New York City’s new Mayor, Zohran Mamdani, just announced the city is in a massive $12 BILLION financial hole. To fill the hole, he is pushing to raise income taxes on top earners and hike the corporate tax rate to 11.5% making NYC the highest-tax jurisdiction for earners in the entire country. He claims he talked to a millionaire who said they "wouldn't leave" over a tax hike. But economists (and common sense) warn that businesses and wealth are already packing their bags. He ran on "affordability," but it looks like the first order of business is making the city more expensive for the people who pay the bills.

Desiree

171,428 views • 8 months ago

Mike Lawler loves to talk about SALT, but what he conveniently leaves out is that Trump created the SALT deduction cap in 2017 to punish NY. It was set to expire ENTIRELY at the end of 2025, but Mike voted to make it a permanent tax on working families to fund tax breaks for billionaires. That’s the difference between Mike and me — he pretends he’s looking out for working families, while I’ll actually fight to lower taxes for the middle class and repeal the cap permanently.

Mike Lawler loves to talk about SALT, but what he conveniently leaves out is that Trump created the SALT deduction cap in 2017 to punish NY. It was set to expire ENTIRELY at the end of 2025, but Mike voted to make it a permanent tax on working families to fund tax breaks for billionaires. That’s the difference between Mike and me — he pretends he’s looking out for working families, while I’ll actually fight to lower taxes for the middle class and repeal the cap permanently.

Cait Conley

29,185 views • 2 months ago

Should California tax 5% of the assets of all residents who are billionaires? SEIU-United Healthcare Workers West #United4All’s Dave Regan is pushing a ballot initiative to do just that. John Ziegler couldn’t be more against it. What do you think? Via The Story Is

Should California tax 5% of the assets of all residents who are billionaires? SEIU-United Healthcare Workers West #United4All’s Dave Regan is pushing a ballot initiative to do just that. John Ziegler couldn’t be more against it. What do you think? Via The Story Is

Elex Michaelson

16,578 views • 1 month ago

Mamdani accidentally debunked his party’s own lies when he used his Independence Day message to bash capitalism. One of the favorite Democratic Socialist talking points is that they just want to make America "more like Sweden". But the Scandinavian states aren't even socialist. They’re free market powerhouses with shiny welfare states. Just ask their own leaders! So when Mamdani pushes for wealth taxes and demonizes billionaires, he fails to mention that the Scandinavians already learned that lesson. Billionaires don't pay for that “free” healthcare system. The people do, through high taxes. And the people get the money to pay those taxes through their free market. You can't just pick the policy you like and ignore the infrastructure that makes it possible.

Mamdani accidentally debunked his party’s own lies when he used his Independence Day message to bash capitalism. One of the favorite Democratic Socialist talking points is that they just want to make America "more like Sweden". But the Scandinavian states aren't even socialist. They’re free market powerhouses with shiny welfare states. Just ask their own leaders! So when Mamdani pushes for wealth taxes and demonizes billionaires, he fails to mention that the Scandinavians already learned that lesson. Billionaires don't pay for that “free” healthcare system. The people do, through high taxes. And the people get the money to pay those taxes through their free market. You can't just pick the policy you like and ignore the infrastructure that makes it possible.

Glenn Beck

214,301 views • 2 months ago

California Democrat breaks ranks with his own party and exposes the “sad truth” about the proposed “wealth tax” on billionaires. “This may be the message people need to hear…” “I don’t think it will be the billionaires and the wealthiest who pay this tax.” “What that means is as wealthier individuals, people who own companies leave the state, it will be the MIDDLE CLASS WHO ARE LEFT HOLDING THE BAG and asked to pay more to cover the existing services and infrastructure maintenance that the state needs.” — San Jose Mayor Matt Mahan

California Democrat breaks ranks with his own party and exposes the “sad truth” about the proposed “wealth tax” on billionaires. “This may be the message people need to hear…” “I don’t think it will be the billionaires and the wealthiest who pay this tax.” “What that means is as wealthier individuals, people who own companies leave the state, it will be the MIDDLE CLASS WHO ARE LEFT HOLDING THE BAG and asked to pay more to cover the existing services and infrastructure maintenance that the state needs.” — San Jose Mayor Matt Mahan

The Vigilant Fox 🦊

318,478 views • 6 months ago