Does California need more revenue? Hoover Senior Fellow Joshua Rauh argues it doesn’t. Debating UC Berkeley economist Gabriel Zucman on California’s proposed billionaire tax, he notes general fund spending is up 79 percent in seven years and says the state’s problem is the efficiency of its spending. Read the research on Proposition 40: https://www.hoover.org/research/net-present-value-california-billionaire-tax-act #JoshuaRauh #GabrielZucman #HooverInstitution #California #CaliforniaPolitics #CaliforniaEconomy #CaliforniaBillionaireTax #BillionaireTax #WealthTax #WealthTaxation #TaxPolicy #TaxReform #Taxation #StateTaxes #CaliforniaTaxes #TaxRevenue #GovernmentRevenue #StateRevenue #GovernmentSpending #StateSpending #PublicSpending #CaliforniaBudget #StateBudget #GeneralFund #FiscalPolicy #FiscalResponsibility #FiscalSustainability #GovernmentEfficiency #SpendingEfficiency #PublicFinance #EconomicPolicy #Economics #PublicPolicy #HooverFellows #TaxDebate
The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.
