Why Billionaire Presidential Candidate Tom Steyer Supports the Wealth Tax

The transcript discusses the increase in inequality in the US over the past 40 years, focusing on wealth distribution and the impact of tax policies. It highlights the challenges of implementing a wealth tax due to constitutional issues and emphasizes the real-world effects of tax cuts on education, healthcare, and the working class. The speaker advocates for political action to address these issues and prioritizes climate change as a key concern, calling for government reform to better serve the people.

What has been a significant change in the United States over the last 40 years according to the speaker?

• A decrease in technological advancements

• An increase in inequality

• A decline in healthcare quality

• A rise in educational opportunities

What does the speaker suggest is a consequence of tax cuts for the wealthy?

• Higher wages for workers

• Improved healthcare access

• Cuts to education and healthcare

• Increased job opportunities

How does the speaker describe the current state of the government?

• Overly bureaucratic but functional

• Focused on international relations

• Broken and not serving the people

• Efficient and effective

What is the speaker's proposed top priority if elected?

• Improving international trade

• Declaring a state of emergency on climate change

• Reforming the education system

• Reducing national debt

What does the speaker want to achieve by breaking the corporate stranglehold on government?

• A government that is of, by, and for the people

• A government that is more efficient

• A government that focuses on international issues

• A government that reduces taxes