The wealth tax is no longer a fringe policy idea. In the past 18 months it has metastasized from Elizabeth Warren’s perennial Senate bill into a coordinated, multi-front offensive spanning federal legislation, state ballot initiatives, and the organizing infrastructure of the 2028 Democratic presidential primary.
Late last month, DSA-aligned candidates just won three House primaries in New York City. AOC is one of the front-runners in multiple 2028 polling surveys. Zohran Mamdani is the mayor of our largest city. California’s 5% billionaire wealth tax is on the November ballot. The left’s organizing infrastructure: Our Revolution, Justice Democrats, the DSA.
These groups have executed a 10-year build that is now bearing legislative fruit. Our opponents are already organized and moving forward. Its time our side catches up.