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Why six Nobel Prize economists back California’s Proposition 40: ‘It’s the first opportunity for the people to start reining in the power of billionaires’

Daron Acemoglu, Paul Krugman and Joseph Stiglitz, among others, signed a letter defending a one-time 5% tax on individuals whose wealth is above $1 billion. The initiative will be submitted to a vote on November 3

Why six Nobel Prize economists back California’s Proposition 40: ‘It’s the first opportunity for the people to start reining in the power of billionaires’

We haven't written up this one. El Pais English has the full story — the link below goes straight to it.

Read the original at english.elpais.com →

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