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David S. Mitchell

@dsmitch28

Washington, DC Joined July 2012
2.2K Following 1.1K Followers 2.4K Posts

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David S. Mitchell @dsmitch28
Thanks to @aduehren @nytimes for including me in this story.

California’s billionaire tax didn’t pass, but last week’s election makes higher taxes on the rich more likely, not less.
Equitable Growth Verified account @equitablegrowth 20h
“I think we need to be careful about over-indexing on this one result,” warned @dsmitch28 on California’s billionaire tax result in @nytimes.

“Voters rejected one specific wealth tax, but they support taxes on the wealthy generally.”

nytimes.com/2026/11/10/bus…
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David S. Mitchell @dsmitch28
In debate about CA's wealth tax, many miss the forest for the trees: the US needs revenue, inequality is high & under current system the richest pay little. So we should raise more from the top, as CA is trying. Let's root for this experiment to succeed! equitablegrowth.substack.com/p/why-those-wo…
equitablegrowth.substack.com Why those worried about the national debt should be rooting for California’s billionaire tax California's billionaire tax could prove that targeted taxes on the richest Americans can quickly right the nation's fiscal ship.
As wealth tax debates heat up — including a possible ballot measure in California — how can citizens separate fact from fiction?

A thread on why taxing wealth is not only possible, but consistent with — and even necessary to restore — America's progressive tax tradition. 🧵
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David S. Mitchell @dsmitch28
Enjoyed this debate, but many miss the forest for the trees: the US needs revenue, inequality is high & under the current system the richest pay little. So we should raise more from the top, as CA is trying. We should root for this experiment to succeed! equitablegrowth.substack.com/p/why-those-wo…
equitablegrowth.substack.com Why those worried about the national debt should be rooting for California’s billionaire tax California's billionaire tax could prove that targeted taxes on the richest Americans can quickly right the nation's fiscal ship.
Jon Hartley Verified account @Jon_Hartley_ Oct 28
My @HooverInst colleague @joshrauh brilliantly debates @gabriel_zucman on the California Prop 40 wealth tax with @andrewrsorkin @JoeSquawk @BeckyQuick “Golden State or Golden Exit? Experts debate the California wealth tax” via @CNBC
cnbc.com/video/2026/10/…
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