In 2019, California lawmakers say they’ll crush the practice of independent contractors and propose a new 30% tax surcharge on money managers. David and Will discuss whether tech-industry leaders are liberal, conservative, or neither, and the Times’ discovery of a series of extraordinary payouts to public employees — the state’s newest millionaires.
- Labor pushes to protect California ruling that redefines employee
- The political behavior of wealthy Americans: Evidence from technology entrepreneurs
- Some L.A. pensions are so huge they exceed IRS limits, costing taxpayers millions extra
- Should California implement a major tax hike on high-end money managers?