David Friedberg: California’s “Billionaire Tax” is a Trojan Horse to Go After the Middle Class
- Jan 4, 2026
- 1:52
- Short
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Brief Summary
The episode critiques the billionaire tax as a gateway to broader asset seizure and loss of private property rights.
Key points
- New Tax System Proposal. A proposed tax system could allow government audits of personal property for the first time.
- Targeting the Middle Class. The focus may shift from billionaires to the middle class, with a total net worth of $170 trillion.
Episode highlights
- New Tax System ProposalA proposed tax system could allow government audits of personal property for the first time.“We're creating a new tax system that allows the government to audit everything you own.”0:22Jan 4, 2026
- Targeting the Middle ClassThe focus may shift from billionaires to the middle class, with a total net worth of $170 trillion.“They need a way to open the door to go after the real honeypot.”1:08Jan 4, 2026
