California billionaire tax author admits wealth grab could go further

Source: New York Post

A key architect of California’s controversial billionaire tax acknowledged this week that the proposed one-time levy may end up becoming permanent. Economics professor Emmanuel Saez made made the admission during a Tuesday debate against Arthur Laffer, the father of trickle-down economics, at the University of California, Berkeley. 3 Attendees cheer during the speach of US Senator Bernie Sanders, Independent of Vermont, during the campaign kickoff for the California Billionaire Tax Act.