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Two economists studied California's billionaire tax. They reached…

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

NPR News · By Greg Rosalsky

Published 2 Nov 2026, 17:00 IST · Updated 2 Nov 2026, 5:56 PM IST

Two economists studied California's billionaire tax. They reached wildly different conclusions — Two economists studied California's billionaire tax. They reached wildly different conclusionsPhoto · NPR News

What happens in California could shape how America taxes the superrich. But will its billionaire tax fill state coffers — or drain them?

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