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California's $100B Wealth Tax Is Closer to Reality episode artwork

EPISODE · May 6, 2026 · 8 MIN

California's $100B Wealth Tax Is Closer to Reality

from IMI Podcasts · host Christian Henrik Nesheim

California's 5% billionaire wealth tax has cleared the ballot threshold and could raise $100 billion if voters approve it in November. In this video, IMI covers the law applying retroactively to any residents worth over $1 billion on January 1, the billionaire exodus already in motion, the $80 million counter-offensive funded by Google's founders, and the three strategies wealthy Americans are running to prepare for a potential federal version.Read the full story here. 

What this episode covers

California's 5% billionaire wealth tax has cleared the ballot threshold and could raise $100 billion if voters approve it in November. In this video, IMI covers the law applying retroactively to any residents worth over $1 billion on January 1, the billionaire exodus already in motion, the $80 million counter-offensive funded by Google's founders, and the three strategies wealthy Americans are running to prepare for a potential federal version. Read the full story here.

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California's $100B Wealth Tax Is Closer to Reality

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Frequently Asked Questions

How long is this episode of IMI Podcasts?

This episode is 8 minutes long.

When was this IMI Podcasts episode published?

This episode was published on May 6, 2026.

What is this episode about?

California's 5% billionaire wealth tax has cleared the ballot threshold and could raise $100 billion if voters approve it in November. In this video, IMI covers the law applying retroactively to any residents worth over $1 billion on January 1, the...

Can I download this IMI Podcasts episode?

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