Taxing the rich to pay for healthcare for the poor

An initiative on the California ballot would levy the nation’s first wealth tax on billionaires. Supporters say the proceeds would help offset President Donald Trump’s sweeping healthcare cuts and that it could be a blueprint for other states, but critics argue that the temporary infusion of cash is a giveaway to politicians. We dig into the arguments. But first, it’s been a bit of a rough year for toy maker giants Hasbro and Mattel. What gives?

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Stories featured in this podcast:

• Why it's been a rough time for toy makers Mattel and Hasbro
• California’s billionaire tax promises healthcare relief. The fine print is murkier.