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Cato Podcast •

No Tax on Tips, New Tax on Billionaires?

Ryan Bourne sits down with Cato’s Adam Michel to unpack what the 2026 tax year will bring, including new provisions commonly described as “no tax on tips” and “no tax on overtime.” They also explore the economics of California’s billionaire tax ballot initiative, and whether Trump Accounts are a good savings vehicle.

Featuring
Ryan Bourne

R. Evan Scharf Chair for the Public Understanding of Economics, Cato Institute

Adam N. Michel

Director of Tax Policy Studies, Cato Institute; Former Deputy Staff Director at the US Congress Joint Economic Committee