Podcast audio:
In this episode of the Ayn Rand Institute podcast, Robertas Bakula and Onkar Ghate discuss California’s Billionaire Wealth Tax proposal.
- California’s budget and welfare crisis
- Challenging the “fair share” narrative
- Injustice of retroactive taxation
- Productive ability vs. the welfare state
- The role of business visionaries
This episode was recorded on March 19, 2026.
Image credit: Patrick T. Fallon / AFP / via Getty Images





