Caught On Tape: California Billionaire Tax Architect Admits Wealth Confiscation Could Go Even Further

Caught On Tape: California Billionaire Tax Architect Admits Wealth Confiscation Could Go Even Further One of the co-authors of California’s controversial 'one-time' tax on billionaires appeared to suggest that the levy could extend beyond a single imposition. Marxist economics professor Emmanuel Saez, who hails from France, made the comment during a Tuesday debate against economist Arthur Laffer at the University of California, Berkeley. “I don’t think it’s going to be a one-time tax. Because you can’t surprise billionaires more than once,” Saez said. "Even then, maybe some of them were expecting something...