A recent episode of Slate’s What Next podcast examines proposals to raise revenue by increasing taxes on high-income and high-wealth residents, including in New York and California, and questions whether higher levies could prompt some top earners to relocate.
A new episode of Slate’s What Next podcast examines the political and practical debate over whether states can raise more money by increasing taxes on their wealthiest residents, including proposals discussed in New York and California.
The episode centers on a long-running concern raised by critics of higher state taxes on top earners: that some millionaires and billionaires may change residency or move to lower-tax states. Supporters of the proposals argue the measures are aimed at addressing widening inequality and funding public priorities, while opponents contend the taxes could backfire if enough high earners leave.
The episode features MSNBC journalist Stephanie Ruhle, who has hosted The 11th Hour in recent years and has also been involved in the network’s more recent programming changes, according to reporting by the Associated Press.
The conversation also touches on a broader political reality: wealthy individuals and interest groups often organize to fight tax increases that would apply to them, which can shape how far such proposals go and whether they survive legislative negotiations.
