Why Billionaires Don’t Owe California Anything

About this episode

The episode discusses California's Billionaire Wealth Tax proposal and its implications.

https://www.youtube.com/watch?v=3T3Zekd7xfE Podcast audio: In this episode of the Ayn Rand Institute podcast, Robertas Bakula and Onkar Ghate discuss California’s Billionaire Wealth Tax proposal. California’s budget and welfare crisis Challenging the "fair share" narrative Injustice of retroactive taxation Productive ability vs. the welfare state The role of business visionaries This episode was recorded on March 19, 2026. Image credit: Patrick T. Fallon / AFP / via Getty Images

People in this episode

Guests: Robertas Bakula, Onkar Ghate

Topics covered

• Billionaire Wealth Tax
• California budget
• welfare crisis
• fair share narrative
• retroactive taxation
• business visionaries

Keywords

• Billionaire Wealth Tax
• California
• welfare crisis
• retroactive taxation
• business visionaries

Mentioned in this episode

Organizations: California

Books & works: Why Billionaires Don’t Owe California Anything

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