California considers a wealth tax on billionaires

California has more billionaires than any other state in the U.S. On the state's ballot this election cycle is a proposition to levy a one-time wealth tax on its resident billionaires. We explain what the tax would do, and why the groups & figures opposing the initiative make for strange bedfellows.This episode: voting correspondent Miles Parks, senior political correspondent Tamara Keith, and KQED correspondent Marisa Lagos.This podcast was produced and edited by Casey Morell and Bria Suggs.Our executive producer is Muthoni Muturi.Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy