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:

Study: Tax Credits Would Help MA Stem Loss of R&D Market Share

$1 billion life sciences initiative has created just 571 jobs,…

Convention Center Expansion Pricetag: $5 Billion in Foregone Revenue

Convention Center Expansion Would Cost About $5 Billion in Foregone…

Study: GASB Rules Improving, But Still Need Measured Reform

Study Finds Further Reform of GASB Rules Necessary, But Must…

Weak on Unemployment Insurance Reform

/
As we head into the end of the first half of the two-year…

Open the Boston taxicab “market” to competition

/
The Boston Globe's Spotlight team has done a great job uncovering…

Hope the governor had a nice vacation

/
The governor's Colombia trip is over and here is what your money…

A Tale of Two Economies: Job Creation in Massachusetts

/
In the State of the Union Address last night, President Obama…

NECN Interview: A123 becomes latest ‘green energy’ failure

/
Jim Stergios, executive director of the free-market-oriented Pioneer Institute for Public Policy Research, called A123’s bankruptcy filing "just one more piece of evidence that this a failed jobs strategy. The government is not good at picking winners and losers, and it's not working for Massachusetts."

Krugman, Comfy Pillows and Rick Perry

/
Paul Krugman, economist polemicist extraordinaire, took out…

STUDY: START-UPS KEY TO RECOVERY FROM RECESSION

Companies that are three years old or younger have been the key to creating Massachusetts jobs in the wake of the last two recessions, according to a new study from Pioneer Institute.

Outsourcing Helps Cities and Towns Provide Better Services for Less

/
New Report Shows Municipalities across the Bay State Can Reduce Costs by 75% and Increase Productivity by Contracting Services

State budget: Late and not so great

/
With the next fiscal year now the current fiscal year, it’s…

Did the 2009 stimulus work?

/
Economics21.org provides a graphical representation of the stimulus…

Squishy jobs

/
What to make from the latest jobs report? After the April…

The ‘Big Shrink’ – Massachusetts Firms’ Dramatic Drop in Size

/
Pioneer Institute study calls on lawmakers to respond to state's inability to create jobs

Mend over matter

/
For those of you who are inclined to think that Massachusetts…

It’s not where the gov is, it’s the business climate

/
The timing was lousy. Gov. Deval Patrick was on his big “trade…

American Exceptionalism

/
American exceptionalism does not spring from our economic or military power but rather from America's pioneer spirit.