Article
First $1 Billion, Now $50 Million: Khanna Says Wealth Tax "Must Not Stop At Billionaires"
First $1 Billion, Now $50 Million: Khanna Says Wealth Tax "Must Not Stop At Billionaires"
Rep. Ro Khanna (D-CA) - fresh off endorsing California's November ballot measure to seize 5% of billionaire wealth - published a Substack essay Wednesday titled, no really, "Why I Support a Billionaire Wealth Tax."
He makes it roughly a dozen paragraphs before explaining that it isn't one.
"The tax should not stop at billionaires, it must reach centimillionaires," Khanna writes, before spelling out exactly what that means: every fortune of $50 million and up, hit with a...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Jun 8, 2026 / Kyle Anzalone
Trump Claims Israel and Iran Want a Ceasefire
After an exchange of missile fire, President Donald Trump claimed Israel and Iran were now moving towards peace. “Both sides, Israel and Iran, are looking to do an immediate CEASEFIRE!” the President wrote on Truth Social Monday. “Final negotiations on “Peace” are proceeding, subject to ignorance or stupidity getting in its way.” Trump’s assertion that […]
Read more
Jul 3, 2026 / Kurt Nimmo
Trump’s Plan to Send Troops to Disarm Hezbollah
On June 29, General Joseph Aoun, the president of Lebanon, met with Admiral Brad Cooper, Commander of the US Central Command at the Baabda Palace overlooking Beirut. “During the meeting, discussions were held regarding the preparations related to the start of implementation of the framework agreement that was approved as a result of the Lebanese-American-Israeli […]
Read more
Mar 7, 2026 / Tyler Durden
China Sidesteps Solar Targets In New Five-Year Plan
China Sidesteps Solar Targets In New Five-Year Plan
China’s latest five-year plan avoids setting ambitious solar targets, signaling rising challenges for the sector after years of explosive growth, according to Bloomberg.
Released during the annual National People’s Congress, the plan does not include a goal for solar installations by 2030. That omission contrasts with clearer commitments elsewhere in the energy mix, including plans to double offshore wind capacity and expand nuclear and pumped-hydro power. Solar receives relatively little attention overall, while policymakers instead emphasize broader transition initiatives such as zero-carbon industrial...
Read more




