The Fiscal Reality Check
Joshua Rauh, Benjamin Jaros, Matheus Cosso, Gregory Kearney, Daniel HeilTaxes, Spending, and the Bottom Line
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 7 | Founded | 2 months ago | Last Issue | 6 days ago |
| Active | |||||
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fiscalrealitycheck.substack.comLatest Issues
How Federal Debt Raises Your Mortgage Payments
I’m on my way to Washington to testify in a House Oversight Committee roundtable on the national debt. So much ink has been spilled on this topic. Why do so few people care? It seems abstract, far away.
But there are reasons to care about...
A California Ballot Collision: Wealth Tax vs. Savings Protections
Days after the healthcare union behind the proposed 5% wealth tax on California billionaires announced it had gathered enough signatures to qualify for the November ballot, backers of several additional measures made similar announcements....
First Contact With Reality (Reprise): The California Billionaire Tax
Enough signatures have reportedly been gathered for the 5% California wealth tax to go voters in November. Market-implied probabilities of the provision passing have risen to around 45%.
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A $2.7 Trillion Artificial Expansion of California's Wealth Tax Base
California’s proposed Billionaire Tax Act is widely described as a one-time 5 percent tax on the wealth of the state’s richest residents, measured by the market value of their assets. But a key provision hints at something even more consequ...
The Commitment Problem at the Heart of California’s Billionaire Tax
Sponsors of California’s Billionaire Tax Act are collecting signatures for a ballot proposition that would impose a 5 percent wealth tax on billionaires, billed as a one-time levy. The unions backing the initiative claim it will raise $100...
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Authors
The writers behind this newsletter.
Stanford Finance Professor, Senior Fellow at the Hoover Institution, Co-Founder of the Global Liberty Institute
Research Fellow at the Hoover Institution and Economist interested in Public Finance, Taxation, and Economic History.
Research Analyst at the Hoover Institution focusing on political economy and public economics. Supports fiscal, innovation, and regulatory research, and conducts independent research on special-interest politics, modeling rent-selling processes.
Researcher at the Hoover Institution, Contributor to Liberty Lens.
I'm a policy fellow at the Hoover Institution, researching health care, entitlement reform, and the federal budget.
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