Robert Reich

Robert Reich

A Wealth Tax That Will Work!

Two likely contenders for the 2028 Democratic presidential nomination have taken opposite sides on California’s proposed wealth tax. One of them is dead wrong.

Robert Reich
Jan 24, 2026
∙ Paid

Friends,

A proposed wealth tax has split California Democrats — and highlighted the difference between two likely contenders for the Democratic presidential nomination in 2028.

Governor Gavin Newsom opposes the wealth tax. Ro Khanna, who represents Silicon Valley in the U.S. House, favors it.

The wealth tax is a good idea and should be replicated across …

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