California billionaire tax could backfire, Stanford study says

A new analysis from Stanford economists cautions that enacting a billionaire tax could have unintended consequences.

https://www.cbsnews.com/news/c....alifornia-billionair

California billionaire tax could leave state with less revenue, Stanford study cautions - CBS News
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California billionaire tax could leave state with less revenue, Stanford study cautions - CBS News

A new analysis from Stanford economists cautions that enacting a billionaire tax could have unintended consequences.