A proposal in the Washington state legislature would impose a 1 percent wealth tax on assets over $1 billion. Recode’s Teddy Schleifer (@teddyschleifer) explains why the state’s billionaires — like Bill Gates, Jeff Bezos, and MacKenzie Scott — aren’t getting behind it.

References: 

• Read Teddy’s piece here

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This episode was made by: 

• - Host: Adam Clark Estes (@adamclarkestes)
• - Producer: Will Reid (@WillR56)
• - Engineer: Paul Mounsey

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