Understanding California's billionaire tax

Segments From This Episode

• Why term premiums on U.S. Treasurys have been rising

  by Justin Ho

  

  The extra premium that investors require to hold Treasurys over the long-term, known as a “term premium,” has been rising.

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• California voters weigh $100 billion wealth tax to offset Medicaid cuts

  by Nova Safo

  

  Midterm election battle pits a healthcare workers' union against some of California's richest residents.

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