TweetMegan McArdle writes insightfully about California’s pending proposal to soak the rich. Three slices: These days, legislators generally don’t enact tax hikes so confiscatory that they trigger an immediate, obvious response. They adjust income tax rates by a few percentage points, fiddle with the deductions or impose new levies on some tiny portion of the…
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26 Oct 2026 Leave a comment
in applied price theory, entrepreneurship, fiscal policy, human capital, income redistribution, labour economics, labour supply, macroeconomics, politics - USA, poverty and inequality, Public Choice Tags: California, taxation and entrepreneurship, taxation and investment
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