Opening News: Hormuz, Casualties, Virginia Vote

Washington state Democrats have passed a new 9.9 percent income tax on millionaires, the first income tax in the state’s history. The measure now heads to the governor’s desk and represents a major shift in a state long known for its lack of personal income taxes.

But the policy debate is already colliding with economic reality. Former Starbucks CEO Howard Schultz has announced he is relocating to Florida, a state with no income tax. That move underscores a longstanding pattern in American economics: high earners often respond to aggressive tax policies by moving to lower-tax jurisdictions. If more states pursue similar policies, the migration of wealthy taxpayers to places like Florida, Texas, and Tennessee could accelerate.

The broader question is what happens if that migration significantly shrinks the tax base in high-spending states. European countries experimented with wealth taxes for years before many rolled them back after wealthy residents simply moved elsewhere. Washington may now be testing whether the same dynamic will play out inside the United States.

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The Filibuster Fight and the SAVE Act

Meanwhile, a new institutional battle is brewing in the Senate. Senator Ron Johnson is pushing for a vote to begin debate on ending the legislative filibuster, at least in its current form. The immediate catalyst is the House-passed SAVE America Act, which focuses on citizenship-based voter registration and voting ID requirements.

Republicans do not currently have the 60 votes needed to pass the legislation under existing Senate rules. That reality has revived calls to weaken the filibuster by shifting to a “talking filibuster,” forcing senators who want to block legislation to continuously hold the floor rather than simply signaling opposition.

Institutionalists in both parties warn that such a move could be the beginning of the end for the Senate’s 60-vote threshold entirely. Supporters argue the change is inevitable anyway and that the current rules simply prevent major legislation from passing. Either way, the vote could force senators to go on record about how much they value the chamber’s traditional rules.

Jim Clyburn and the Persistence of Incumbency

Finally, South Carolina Congressman Jim Clyburn has announced that he plans to seek reelection at age 85. First elected in 1992, Clyburn remains one of the most influential figures in Democratic politics and a central leader within the Congressional Black Caucus.

His decision highlights the enduring power of incumbency in American politics. While voters and activists often debate generational change, long-serving lawmakers frequently retain strong political machines and local loyalty that discourage serious primary challenges. For now, there is little sign that anyone in Clyburn’s district is preparing to challenge him.

Taken together, these developments offer a snapshot of the current political landscape: states experimenting with new tax policies, the Senate wrestling with its own rules of power, and long-time incumbents continuing to dominate the institutions they helped shape.

Chapters

00:00:00 - Intro on Iran and Elections

00:08:47 - Iran Breakdown with Ryan McBeth

01:07:54 - Update

01:08:14 - Washington State Tax

01:09:53 - Filibuster

01:13:30 - Jim Clyburn

01:14:37 - Oscar-Nominated Movie Talk with Jada Yuan

02:38:28 - Wrap-up

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