Is America ready to tax the super‑rich? | The Excerpt
USA TODAY
Income inequality is soaring in the U.S., sparking a national debate: Should the super‑rich face a wealth tax?
On the Wednesday, March 25, 2026, episode of The Excerpt podcast: America’s wealth gap is exploding, with the top 0.1% pulling far ahead. As calls for a wealth tax grow louder, USA TODAY Personal Finance Reporter Daniel de Visé joins The Excerpt to break down what taxing the super‑rich could mean for the economy and for everyday Americans.
Hit play on the player below to hear the podcast and follow along with the transcript beneath it. This transcript was automatically generated, and then edited for clarity in its current form. There may be some differences between the audio and the text.
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Dana Taylor:
Income inequality in the US is surging, reminiscent of the gilded age according to inequality.org, Project of the Institute for Policy Studies. According to the Congressional Budget Office between 1979 and 2021, the average income of the top 0.1% of households grew almost 27 times as fast as the bottom 20%, which brings me to a question being asked across the country today, should the very rich be subject to a special tax?
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