‘Daily Show’ Roasts Billionaire Tom Steyer as ‘Self-Hating Minority’ for Supporting California Wealth Tax
The former gubernatorial candidate has repeatedly expressed his support for the proposition that would tax him by 5% The post ‘Daily Show’ Roasts Billionaire Tom Steyer as ‘Self-Hating Minority’ for Supporting California Wealth Tax appeared first on TheWrap .
On a recent episode of "The Daily Show," host Michael Kosta attempted to persuade billionaire Tom Steyer to reconsider his support for Proposition 40, a proposed wealth tax in California. Despite Kosta's efforts, Steyer remained steadfast in his position as a "self-hating minority" advocating for the tax. Kosta visited California for the segment, interviewing Steyer and other non-billionaire constituents.
Proposition 40, set to appear on the ballot in the upcoming midterm election, proposes a 5% wealth tax on the state's billionaires. Kosta probed Steyer about his plans to relocate if the tax were to pass, citing other billionaires such as Elon Musk who have already fled the state due to such tax proposals. Steyer firmly declared, "I love California.
I love where I live. We should be taxing the richest people in this society, specifically billionaires." He had previously campaigned for the measure while seeking the governorship of California. Steyer criticized the notion of self-made millionaires without society's contribution as "insanely selfish and delusional." The segment highlighted that several other billionaires, including Mark Zuckerberg, Elon Musk, Larry Page, and Sergey Brin, have already moved away from California due to the proposed tax.
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