Uploaded January 2026 | Updated September 2026, 2 weeks ago

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A proposed wealth tax aimed at California’s billionaires is headed for the 2026 ballot, presented as a one time measure to raise revenue for public programs. How would that one time label function once the rules are applied? In this episode, Hank Adler, Associate Professor and Burra Executive Professor of Accounting at Chapman University, walks through how the proposal would operate in practice and what its structure could mean for California’s economy after the vote.

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