Joe Rogan blasts leftists over wealth tax proposals: ‘Not one thing gets fixed’

Speaking in reference to the wealth tax being proposed in California, Rogan said that the narrative of Democrats in the states is that rich people aren’t paying enough in taxes, "and they’re like, stop being greedy, pay your fair share."

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"Like, what is your fair share and where is it going? Like, if you could show me that an increase in taxes would fix all problems, I said this when I lived there, I wouldn’t mind paying more taxes if they fixed everything," Rogan said. "But it doesn’t seem like it fixes anything. Not one thing gets fixed. And they keep asking for more money, which is crazy. The solution is cut it all off."

He said that Texas has "no state taxes," while California residents have to pay a 14 percent tax. He said the state is "incentivized to take that money and. do with it whatever they want. So the more they can come up with, like building tiny homes or whatever the f*ck it is, it’s just incentives for them."

A ballot initiative that will be voted on in November would impose a one-time five percent wealth tax on people who live in the state whose net worth exceeds $1 billion as of January 1, 2026. A number of billionaires have cut ties ahead of that deadline to avoid potentially paying such a tax, including Google’s Sergey Brin and Larry Page, as well as other notable figures.

Six billionaires who left before the January 1 cutoff took a collective $27 billion in potential tax revenue with them. Overall, an estimated $1 trillion in wealth has left the state in response to the proposed tax.