A wealth tax for tech billionaires
Bill Gates has in the past publicly supported higher taxes for the rich. But now that a wealth tax has been proposed in his home state, Gates and other billionaires are keeping quiet.
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Show Notes
A proposal in the Washington state legislature would impose a 1 percent wealth tax on assets over $1 billion. Recode’s Teddy Schleifer (@teddyschleifer) explains why the state’s billionaires — like Bill Gates, Jeff Bezos, and MacKenzie Scott — aren’t getting behind it.
References:
- Read Teddy’s piece here
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This episode was made by:
- - Host: Adam Clark Estes (@adamclarkestes)
- - Producer: Will Reid (@WillR56)
- - Engineer: Paul Mounsey
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