Two economists studied California's billionaire tax. They reached wildly different conclusions

What happens in California could shape how America taxes the superrich. But will its billionaire tax fill state coffers — or drain them? (Image credit: PATRICK T. FALLON/AFP via Getty Images)
ImpactNotable 33/100
Why it mattersRule-based estimate: no strong signals; trust 8/10.
RegionsUnited States
Published4 h ago (Mon, 02 Nov 2026 11:30:00 GMT)
Retrievedvia rss
ClassifiedMon, 02 Nov 2026 12:00:43 GMT by heuristic
AuthorGreg Rosalsky