California’s Wealth Tax: What Happens When the ‘One-Time’ Rule Gets Applied | Hank Adler

A proposed wealth tax aimed at California’s billionaires is headed for the 2026 ballot, presented as a one-time measure to raise revenue for public programs. How would that one-time label work once the rules are applied? In this episode, Hank Adler, associate professor and Burra executive professor of accounting at Chapman Univ...