California’s Billionaire Tax: A Game of Make Believe Money
February 5, 2026
142,610
2,812
561
2.37%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Dr Phil Podcast Episodes Around February 5, 2026
See what was published immediately before and after this episode.
17:12Now PlayingCalifornia’s Billionaire Tax: A Game of Make Believe Money
YouTube Description
as posted by the channelCalifornia is chasing opportunity right out of the state.
Progressive lawmakers are slapping a massive new price tag on the Golden State, one so high it could drive out the businesses, founders, and job creators who built California’s economy.
California’s proposed Wealth Tax Act, better known as the Billionaire Tax, would hit roughly 200 Californians worth more than $1 billion with a one-time 5% tax on worldwide net worth.
Even Gavin Newsom has warned that state-level wealth taxes accelerate the California exodus, pushing innovation, investment, and jobs out of the state.
Here’s why taxing billionaires could end up setting California’s own economy on fire.
Experience a side of Dr. Phil McGraw you may have been missing as he provides critical information on some of the most important issues we face today. McGraw delves into the minds of the most exciting and accomplished people. From celebrities to ordinary people in extraordinary circumstances, to the world’s leading experts, every guest and topic is provocative, informative, and relevant.
Dr. Phil McGraw, one of the most well-known and trusted mental health professionals in the world, is the host of daytime TV’s top-rated program, Dr. Phil. This trailblazing and award-winning platform continues to provide the most comprehensive forum on mental health issues in the history of television. Dr. McGraw’s unique ability to take complicated and technical information and make it accessible and understandable to the general public has distinguished him both among viewers and within his profession.
Follow for more Dr. Phil & The Dr. Phil Podcast:
Dr. Phil Show
Apple Podcasts
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.