Rewind: Tax extreme wealth to save our democracy

Policy for the People

Last month saw yet another record in terms of the fortunes held by the nation's superrich. In July 2024, the roughly 800 billionaires in the U.S. were collectively worth about $6 trillion, the highest amount ever. In light of this, it seemed like a good time to replay a prior episode of Policy for the People examining the need to tax extreme wealth. In August of last year, Bob Lord of Patriotic Millionaires joined us to discuss why taxing the rich is essential in order to shrink inequality and save our democracy