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Bring world's first billionaire tax, Abhijeet Banerjee, Esther Duflo urge California

💸 Nobel Winners Target California's Billionaires

Published by OOPSONLINE.IN · Source: India Today · 1 min read · · Updated

❤️ OOPS SAYS

Nothing says "time to suddenly discover a passion for Texas real estate" quite like Nobel laureates looking directly at your bank account.

What actually happened

US News: Six Nobel-winning economists pen open letter, backing California's plan to impose a 5% one-time tax on billionaires. They say this will kick-start a movement for wealth tax in the US and across the world.

Key points

  • US News: Six Nobel-winning economists pen open letter, backing California's plan to impose a 5% one-time tax on billionaires.
  • They say this will kick-start a movement for wealth tax in the US and across the world.

Summary based on data provided by India Today. Full article available at the original publisher.

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