Nobel Prize-winning economist Daron Acemoglu said California’s proposed billionaire tax deserves support, backing Proposition 40 in a letter signed by six Nobel laureates and arguing the state tax system is far from optimal.

Sep 24, 2026 - 07:55
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Nobel Prize-winning economist Daron Acemoglu said California’s proposed billionaire tax deserves support, backing Proposition 40 in a letter signed by six Nobel laureates and arguing the state tax system is far from optimal.

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