Can California Really Make Billionaires Pay?

Pay attention and subscribe: Apple | Spotify | Wherever You Pay attention

Enroll to obtain our twice-weekly Information & Politics e-newsletter.

Dave Regan, the president of the distinguished California union S.E.I.U.-United Healthcare Staff West, joins Tyler Foggatt to debate Proposition 40, a poll measure that will impose a one-time, five-per-cent tax on the web value of the state’s billionaires. They discuss concerning the origins of the initiative—which got here in response to cuts to well being care from Donald Trump’s One Huge Stunning Invoice Act—and the way the political battle over the proposition matches into the broader wave of populist politics and a rising urge for food for difficult the rich. Additionally they discover the opposition from a handful of rich Silicon Valley figures, who’ve spent greater than 100 million {dollars} to defeat the measure. California’s governor, Gavin Newsom, and a few health-care organizations have expressed issues that the tax might drive the ultra-wealthy out of the state and would fail to offer a long-term funding resolution for public providers. Whether or not the poll measure fails or passes, does the battle over Proposition 40 sign a broader shift towards extra bold efforts to tax the rich?

This week’s studying:

“How Ukraine Introduced the Battle to Russia,” by Joshua Yaffa

“Inside ICE’s Largest Detention Heart,” by Jonathan Blitzer

“Democratic Schadenfreude and the Latino Vote,” by Jack Herrera

“The Remaking of Lindsey Graham,” by Ruth Marcus

“An O.M.B. Plan to Defund Science—and Something Trump Doesn’t Like,” by Elizabeth Kolbert

Tune in to The Political Scene wherever you get your podcasts.