{"id":29156,"date":"2026-10-06T13:51:05","date_gmt":"2026-10-06T20:51:05","guid":{"rendered":"https:\/\/dornsife.usc.edu\/news\/?page_id=29156"},"modified":"2026-10-06T14:40:08","modified_gmt":"2026-10-06T21:40:08","slug":"media-advisory-prop-40-debate","status":"publish","type":"page","link":"https:\/\/dornsife.usc.edu\/news\/media-advisory-prop-40-debate\/","title":{"rendered":"Media Advisory"},"content":{"rendered":"\n\n\n\n \n \n\n\n\n\n\n\n\n
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Leading USC and UC Berkeley economists to debate Prop. 40, California\u2019s billionaire tax, on Oct. 13<\/strong><\/h2>\n

USC and UC Berkeley economists will debate whether Proposition 40 would raise billions for healthcare \u2014 or ultimately cost California tax revenue by driving its wealthiest residents out of the state.<\/em><\/p>\n

Contact: USC Dornsife Media Relations, press_inquiries@dornsife.usc.edu<\/a><\/strong><\/p>\n

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California voters are closely divided over Proposition 40, the November ballot measure that would impose a one-time 5% tax on the wealth of the state\u2019s billionaires. A recent UC Berkeley Institute of Governmental Studies\/Los Angeles Times poll found 45% of likely voters in favor, 42% opposed and 13% undecided.<\/p>\n

The measure could raise tens of billions of dollars, with most of the proceeds going to health care. Opponents warn it could reduce future state tax revenue if some of California\u2019s wealthiest residents leave the state.<\/p>\n

Two leading economists will debate Proposition 40 and its potential impact on California during a livestreamed event on Tuesday, Oct. 13, hosted at the USC Dornsife College of Letters, Arts and Sciences by the USC Economics Association and honors society Omicron Delta Epsilon.<\/p>\n