The Billionaire Tax, The Busted Federal Budget, and the Future of the American Experiment
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The architect of California's proposed billionaire tax says it will raise state revenues by one hundred percent. billion dollars. According to our guest today, that estimate is about 125 billion. Too high. Josh Rao.
On uncommon knowledge. No. Welcome to Uncommon Knowledge. I'm Peter Robinson. A fellow at the Hoover Institution and a professor of finance at Stanford Business School, Joshua Rao did his undergraduate work at Yale and his graduate work in economics at MIT. During the first Trump administration he served as both an economic advisor.
to the Congressional Budget Office and as chief economist at the White House Council Economic Advisors. Professor Rao knows everything there is to know about tax and fiscal policy. But don't worry. He has a special guest for talking about it in a way that anyone that would be me That anyone can understand. Josh, thanks for joining us. Thank you so much for having me.
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