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Comedy

Why Wealth Taxes Fail

Eat the rich…then what?

Andrew Heaton | 5.1.2026 10:00 AM

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California progressives are pushing for a tax on billionaires; so are senators like Elizabeth Warren (D–Mass.) and Bernie Sanders (I–Vt.). But as Andrew Heaton explains, such programs don't work. Just ask France.

NEXT: The COVID Reckoning Doesn't Go Far Enough

Andrew Heaton is a producer at Reason. He is the author of, most recently, Tribalism Is Dumb: Where It Came From, How It Got so Bad, and What To Do About It.

Comedywealth taxCaliforniaElizabeth WarrenBernie SandersTaxesWealthBillionairesProgressives
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