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The Four Academics Who Dreamed Up California's Billionaire Tax -- WSJ

The Four Academics Who Dreamed Up California's Billionaire Tax -- WSJ

Dow JonesDow Jones2026/10/30 22:32
By:Dow Jones

The proposed California wealth tax has galvanized a host of billionaires who have lined up to fight it. On the other side lies a group of less obvious power brokers: the four professors who drafted the ballot measure.

The group is made up of three professors at the University of California: Berkeley economist Emmanuel Saez and law professors Brian Galle and Darien Shanske, at Berkeley and Davis, respectively. The fourth is tax scholar David Gamage at the University of Missouri's law school.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 30, 2026 18:32 ET (22:32 GMT)

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