Why we need a wealth tax

Robert Reich - Google co-founder Sergey Brin, one of the three or four wealthiest people in the world, with a net worth hovering around $260 billion to $277 billion, is devoting some of his wealth to fighting California’s wealth tax on billionaires.  So far, he’s spent $57 million trying to defeat the measure.  Brin’s actions — along with Elon Musk’s $250 million “investment” in getting Trump reelected in 2024 — should be Exhibits A and B in why America needs a wealth tax.