Two economists studied California's billionaire tax. They reached wildly different conclusions
· npr.org · popularity 42/100 · 0 similar stories today · Wealth, Power & Society (Society, Rights & Work)
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Summary
In 1978, California voters approved Proposition 13, a historic tax revolt that became an opening salvo in the Reagan revolution and its national movement to slash taxes. Now, Californians are voting on Proposition 40, which could prove to be just as revolutionary — but in the opposite direction: it …
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