California Tax Experiment: Policy Makers Receive Valuable Economics Lesson

Share on Facebook
Share on Twitter
Share on
LinkedIn
+

Host Joe Selvaggi talks with Stanford University Economics Professor Joshua Rauh about his research on the reaction of Californians to a tax increase, from his report, “The Behavioral Response to State Income Taxation of High Earners, Evidence from California.” Prof. Rauh shares how his research offers tax policy makers insight into the likely effects of similar increases in their own states, including here in Massachusetts.

Related: New Study Finds Tax Policy Drives Connecticut’s Ongoing Fiscal & Economic Crisis

Guest:

Joshua Rauh, originally from Newton, MA., is a Professor of Finance at the Stanford Graduate School of Business, a Senior Fellow at the Hoover Institution, and a Research Associate at the National Bureau of Economic Research (NBER). Professor Rauh’s research on state and local pension systems in the United States has received national media coverage in outlets such as the Wall Street Journal, the New York Times, the Financial Times, and The Economist. He is an Associate Editor of the Journal of Finance and an editor of the Journal of Pension Economics and Finance and the Review of Corporate Finance Studies. He holds a BA degree in economics, magna cum laude with distinction, from Yale University and a PhD in economics from the Massachusetts Institute of Technology.

Get new episodes of Hubwonk in your inbox!

Related Posts:

Time to Say “Cut” on Massachusetts’ Film Tax Credit?

/
State Senate President Karen Spilka is taking preliminary steps…

A Primer on Secondary Revenue Sources for Local Governments

/
Using Pioneer Institute’s MassAnalysis tool, one can find information…

Coastal Towns Charge the Most Permit Fees Per Capita in Massachusetts

/
One of the ways local governments raise revenue is by requiring…

The State Legislature Should Steer Clear of New Occupational Licensing Laws

/
The reach of occupational licensing laws has expanded greatly…

Co-author of Landmark Longfellow Bridge Study Optimistic about State Infrastructure Maintenance Investments

BOSTON - Reconstruction of the Longfellow Bridge is now complete,…

Public Statement: The State Legislature’s Answer to the Janus Decision: The Employee Coercion & Intimidation Act

/
Pioneer has previously referred to a “Tammany Hall-like nexus”…

Should Boston want to be the home of Amazon’s second headquarters?

/
Amazon is the kind of company whose mere presence is enough to…

Study: Boston-Area Communities Should Loosen Restrictions for Accessory Dwelling Units

Additional units could help ease housing shortage BOSTON—A…

Boston is a global city. Here’s why that status is threatened

/
Boston is often touted as a “global city.” A quick Google…

Public Statement: SJC Decision on Prop 80

Pioneer Institute and its public-interest law initiative, PioneerLegal,…

Public Statement: Admission Bias Against Massachusetts Residents

Freshman admission to the University of Massachusetts’ flagship…

Pioneer’s Rebuttal to Professor Cristobal Young’s Reply

/
Pioneer Institute's Greg Sullivan offers a rebuttal to Stanford…

Inadequate Inflation Adjustment Factor Will Subject Increasing Numbers of People to So-Called “Millionaires” Tax

Would take particular toll on those relying on home value appreciation…

Proposition 80 Won’t Generate $1.9 Billion Annual Projected Revenue

Passage of November 2018 ballot measure will make Massachusetts…

Proposition 80 Will Increase Out-Migration of High Earners and Businesses

Passage of November 2018 ballot measure would jeopardize Massachusetts’…

Study: New Federal Tax Law Would Exacerbate Economic Damage of Prop 80

/
This report earned media coverage on WGBH radio, WBZ radio,…