Wealth Tax
topic on 9 shows · 23 statements across 18 episodes
More or Less 
American Optimist 
My First Million 
Sourcery 
Top Founders 
the a16z Podcast 
All-In 
TBPN 
20VC
23 statements about Wealth Tax, every show
Friedberg: Wealth taxes will trigger capital flight and unrest without solving problems
“It'll cause people to flee and run around and get away and it'll cause more discontent, but it doesn't solve the policy problems.”
Cuban: Wealth tax proposals are showmanship based on flawed single-year models
“When Elizabeth Warren first proposed the wealth tax, so I found, and she said, well, we have these models and everything. So I found the economist at UC Berkeley, And I said, would you share your model with me or at least tell me about it? He goes, I'm like, w…”
Singerman predicts proposed wealth taxes will go national across the US
“Oh, that's definitely going national.”
Singerman argues wealth taxes hurt the middle class more than billionaires
“This is going to impact the middle class way more than it's going to affect mobile billionaires.”
Gerstner: California wealth tax will fail and asset protection referendum will pass
“The wealth tax will be defeated. We will pass the retirement And personal asset protection act as a referendum in California, which will prohibit people from stealing your retirement money or your personal assets that will get passed.”
Parr: Sweden tracked citizens' entire financial portfolios until 2007 wealth tax repeal
“Up until 2007, they had a wealth tax, and as part of the wealth tax, Sweden basically tracked every citizen's entire financial portfolio. So they looked at which stocks you owned, The mutual funds that you owned, every dollar of savings, they basically tracked…”
Shapiro rejects wealth and unrealized capital gains taxes in Pennsylvania
“That kind of tax that you're describing is not something we have here. It's certainly not something on, on my agenda.”
Karp: The Wealth Tax Exists to Penalize the Rich, Not Help Poor
“The wealth tax is a derivative of this because everyone knows the wealth tax isn't going to help the poor. It's just going to fuck the rich and that's enough to get it done.”
Jessica Lessin: 67 percent of surveyed subscribers wouldn't relocate over wealth tax
“So the information we surveyed our subscribers, which is always fun, because it's a specific crew, to say the least, but so, 67% would not move.”
Jessica Lessin: Garry Tan and tech leaders are organizing against wealth taxes
“I mean, what, what's interesting to me now is like their attempts to organize the tech community to fight, fight this more formally. I think Gary Tan at YC has been very vocal about that,”
Sacks: California will be the biggest business loser of 2026
“For me, we already talked about this, but it was California because of the wealth tax and also the onerous regulations driving business and capital out of the state.”
Lessin: Thiel, Page, and Sacks Opened Austin Offices Over CA Wealth Tax
“Anyway, this is why we saw Peter Thiel, Larry Page, David Sachs open Austin offices in the last 10 days or thereabouts.”
Lessin: Polymarket Odds on California Wealth Tax Passing Jumped Significantly
“The polymarket odds of it passing have jumped significantly.”
Sam Lessin: If California wealth tax passes, Gavin Newsom cannot be President
“Even like, I think Gavin Newsom understands that it's a, it's also, by the way, terrible for his political career, because if this passes, he will never be president, which is clearly what he wants.”
Friedberg: France's 1988 wealth tax triggered €200B capital flight
“In France in 1988, 1989, they passed this millionaire tax. Anyone with 1.3 million euro or greater net worth had to pay a tax of like one percent a year, one and a half percent a year of their total assets. And it raised four to five billion euro a year in new…”
Sacks: State wealth taxes will inevitably expand to target non-billionaires
“It establishes a precedent that we can define an arbitrary group of people And confiscate a bunch of their property because they're politically unpopular. And if it succeeds here, it will be replicated over and over and over again. And obviously the line will …”
Friedberg: Norway's 2022 wealth tax triggered a $448 million tax revenue loss
“Norway, 20, 22 passed a wealth tax. The wealth tax was supposed to raise one hundred and forty six million dollars of incremental revenue per year. Instead, what happened? Fifty four billion dollars of net worth left the country and they actually had a four hu…”
Palihapitiya predicts California wealth taxes will eventually expand beyond billionaires
“And it's not just going to be billionaires. Eventually the line will, of course, get pushed down.”
Summers: Rejects wealth tax, favors creating opportunity over fighting inequality
“I am not someone who believes we should have a wealth tax. I am not someone who believes we should soak the rich. I am somebody who believes in creating opportunity rather than going to war with inequality”
Cowen: Biden Admin Has Been Less Damaging Than Feared, Wealth Tax Failed
“I thought Biden with the Democratic Congress would do more bad things than what they actually will do. There's a lot they're doing I don't like, but it could have been much worse, and things like the wealth tax, I mean, that failed.”
Friedberg: France lost more revenue than it gained from its wealth tax
“Between the year 2000 and the year 2016, 25% of millionaire households emigrated out of France during this period. And the amount of tax revenue that was lost during that period of time Was greater than the new revenue generated from the wealth tax that was in…”
Friedberg: Equalizing policies like wealth taxes will slow US economic progress
“We're coming into a cycle now, where we're going to start to vote down freedom and vote up equality. And this is sort of what the wealth tax in my mind represents is this kind of redistribution or this returning to a kind of the mean or reversion to the mean i…”