San Diego

Palm Springs Money Man Rolls Dice On $50,000 Tax‑Free Pitch In CA-48 Brawl

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Published on April 13, 2026
Palm Springs Money Man Rolls Dice On $50,000 Tax‑Free Pitch In CA-48 BrawlSource: Jakub Żerdzicki on Unsplash

Palm Springs investor and trained economist Brandon Riker is trying to buy himself some political oxygen in the crowded CA-48 congressional race with a sweeping tax pitch he is calling the "Second New Deal." The Democrat laid out the headline idea on the San Diego Politics Show this week: make the first $50,000 of income tax-free nationwide to boost take-home pay.

On the program, Riker walked through that plan, weighed in on the U.S. relationship with Israel and offered his economist’s read on how gas prices could react to a potential war with Iran, while also nodding to the significant personal donations helping power his campaign, according to the Times of San Diego. The outlet noted Riker was the first CA-48 hopeful to sit in the studio chair as contenders ramp up visibility ahead of the June primary.

Riker’s Economic Pitch

Riker’s campaign is selling the "Second New Deal" as a kitchen-table-friendly reset: it "makes the first $50,000 you earn tax free," a shift his team argues would push more money straight into workers’ paychecks, per Riker for Congress. He is leaning heavily on his economics bona fides, including a master’s degree from the London School of Economics, to present himself as a different kind of Democrat in a primary field packed with more traditional political résumés.

Why CA-48 Is On The Map

The 48th District shot up the list of must-watch House races after voters approved Proposition 50 last year, redrawing the map to pull in parts of Palm Springs and northern San Diego County and creating a new Democratic pickup opportunity, according to Voice of San Diego. The revamped lines have attracted a mix of local officeholders and political newcomers, turning early TV buys and fundraising totals into quick-and-dirty scorecards for momentum.

Riker’s team says it has brought in more than $1.9 million and has already rolled out the first TV ad in the CA-48 contest, which the campaign casts as proof of early strength heading into the June 2 primary, per Riker for Congress. Whether those dollars, including a hefty chunk of personal money, actually turn into votes across the district’s patchwork of communities is the test looming over the next several weeks.

With the June 2 primary drawing closer, the San Diego Politics Show plans to bring in other leading contenders, keeping the CA-48 fight front and center for local listeners, according to the Times of San Diego. For Riker, the gamble is that a clear, paycheck-focused tax cut, amplified by TV airtime and individual donors, will be enough to lift him out of the pack in one of the state’s most closely watched House brawls.