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:

Home of the Bean, the Cod, and the Free Glass of Tap Water

/
As much of the Sun Belt dries up, we may have to revise our tally…

Not rocket science – competition works

/
The Sunday Globe ran a great story on the dawn of a new industry…

Beware of Administrations Bearing Gifts

/
Remember the pledge to put 1000 new police officers on the street? That…

DiMasi Rex

/
Ready, AIM, fire! Call it what you want--line in the sand, declaration…

Who will train Portland to love transit?

/
So, back to Randal O'Toole's Debunking Portland. Everyone would…

Savonarola still wrong: another lesson from the mortgage mess

/
I lead with a fire-and-brimstone Renaissance preacher partly…

Portland is a City that Doesn’t Work?

/
I walk to work, and I cannot for the life of me understand how…

A LOT of GBH tote bags

/
I like "Sesame Street," as I don't think pre-school children…

A Big Wet Kiss for Racinos

/
The Globe's Stan Grossfeld plants exactly that in today's Globe…

Do we know how to pick ’em?

/
From the Worcester Telegram & Gazette: The Devens boom, an editorial…

Massachusetts and the Copernican Principle

/
In rough terms, the Copernican Principle states that we should…

Quo Vadis?

/
Ross Gittell in the New England Journal of Higher Education/Summer…

Counterintuitive Thoughts on Healthcare Costs

/
Back in October, we released a paper on business costs in Massachusetts.…

Thoughts on housing and Middle Cities

/
Housing is critical to the viability of Middle Cities, because…

Conventional Wisdom Confusion (plus a MS Word bonus)

/
Organic is good. Walmart is bad. Right? So what happens when…

Will they return the money?

/
Today's New York Times reports that the ethanol boom, among other…

Welcome Aboard the Massachusetts Business Cost Express!

/
A hearty welcome to the New England Public Policy Center at the…

How to watch and listen to Gov. Patrick’s BGC address

/
One of the highlights of last month's Better Government Competition…