Why taxing billionaires won’t save America

Taxing billionaires to make up budget shortfalls is a popular idea — but maybe non-billionaires should think again? Megan McArdle is a Washington Post columnist, and she joins host Krys Boyd to discuss why the idea of a billionaire wealth tax is generating buzz around Capitol Hill, why she feels it’s a short-sided idea, and to explain just how much cash these policies would potentially generate. Her recent piece on the topic is “The myth of the billionaire wealth tax.” Learn about your ad choices: dovetail.prx.org/ad-choices

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This episode was published on March 30, 2026.

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