Sacramento created Californiaโs budget problem โ billionaire tax wonโt fix it
Proponents of Californiaโs proposed Billionaire Tax Act have a story to tell: President Donald Trump and the Washington Republicans cut health care, and so the โbillionaire taxโ is the necessary response. Then thereโs the reality, which we describe in a new paper from the Hoover Institution. Our analysis looks at what Trumpโs โOne Big, Beautiful Billโ actually does to Medi-Cal, and whether the...