How Californias New Tax Could Backfire @California.Insider
How Californias New Tax Could Backfire  @California.Insider
Uploaded January 2026 | Updated September 2026, 2 weeks ago
A proposed wealth tax targeting California’s billionaires is expected to appear on the 2026 ballot, described as a one time measure to raise state revenue. How would that label actually play out once the rules take effect?

In this episode of California Insider, Hank Adler, Associate Professor and Burra Executive Professor of Accounting at Chapman University, explains how the proposal would work in real terms and what its design could mean for California’s economy after the vote.

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How California's New Tax Could Backfire

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