It's pitched as a one-time 5% retroactive tax on billionaire wealth, but money is already fleeing California in response, which is why Gov. Gavin Newsom backs Prop. 42 to nullify it. Plus, the latest inflation report shows prices up 3.7% in a year.



Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Podden och tillhörande omslagsbild på den här sidan tillhör Paul Gigot, The Wall Street Journal. Innehållet i podden är skapat av Paul Gigot, The Wall Street Journal och inte av, eller tillsammans med, Poddtoppen.