Scott Jennings closed out 2025 with another schooling of a clueless leftist on CNN when she advocated for a socialist tax scheme to punish the prosperous and productive in America.
As TGP readers may know, California leftists are pushing a “wealth tax” that imposes a one-time 5% tax on the assets of billionaires.
As The New York Times reports, if the measure garners enough signatures to reach the state ballot in November and is approved by voters, it would retroactively apply to anyone who lived in California as of January 1, 2026. Individuals with $20 billion in assets who live in the Golden State on that date would face a ‘one-time tax’ of $1 billion.
Supporters of the proposal claim this would prevent cuts to social programs such as Medicaid. In reality, such a move would likely drive wealthy individuals and businesses out of the state, resulting in job losses and a decline in the tax base.
Many billionaires, including tech venture capitalist Peter Thiel and Google co-founder Larry Page, are already considering leaving California altogether.
Even California Governor Gavin Newsom senses the danger of this tax and opposes it.
On Tuesday, Jennings and panelists on CNN debated the merits of the wealth tax. One of the foremost defenders of the plan was socialist podcaster Emma Vigeland.
At one point, Jennings turned to Vigeland and asked her a fundamental question that a ‘good’ socialist like her should be able to answer: What is the number that makes you too rich?
Instead of answering directly, Vigeland was caught off guard and started sputtering for several seconds. She then finally said she wanted to raise taxes on the top 1%.
WATCH:
From California to New York City, the principle mission of the Democrats is to confiscate wealth and property from people they hate and redistribute it to their political constituents.
Fundamentally un-American. pic.twitter.com/P7XcC5zuZ6
— Scott Jennings (@ScottJenningsKY) January 2, 2026
JENNINGS: What is the number that makes you too rich?
VIGELAND: I, that is not, my, my, uh, uh, uh, uh…I want to raise taxes on the wealthy, the top 1%.
(crosstalk)
JENNINGS: Put me down for pro-capitalism.
The post WATCH: Scott Jennings Turns Socialist into a Sputtering Mess with One Question After She Pushes for an Economically Devastating Wealth Tax appeared first on The Gateway Pundit.