California’s “Billionaire Tax” Will Backfire: The Case Against Prop 40

This panel features Joshua D. Rauh, Ormond Family Professor of Finance at the Stanford Graduate School of Business and Senior Fellow at the Hoover Institution; Kristian Fors, Research Fellow at Independent Institute; and Phil Magness, Senior Fellow at the Independent Institute and the David J. Theroux Chair in Political Economy as the moderator. Together, they discuss the economic, legal, and policy implications of California’s proposed wealth tax (Prop 40) and what the measure could mean for the state’s future.

Inequality Fact Check

Read the report: “Flawed Research and Real Economic Damage: Examining California’s Proposed Billionaire Wealth Tax”