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

Politics NPR By Greg Rosalsky 02 Nov 2026 11:30 1 min read
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)

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