Does California actually need more revenue? Josh Rauh on The Billionaire Tax

Hoover Institution · 2026-10-30

Debates whether California’s proposed billionaire tax is revenue-justified versus spending-efficiency fixes.

TaxationWealth taxDebatebillionaire taxgovernment spending efficiencyinequalityproposition 40public financestate budgetsJoshua RauhGabriel Zucman

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