Is the progressive dream of wealth taxes soon to be reality – or a fiscal and economic nightmare – should voters approve Proposition 40 and a one-time 5% tax on the holdings of the Golden State’s billionaire class? And 25 years after one of the darkest days in the republic’s history, what is the legacy of the 9/11 attacks on America? Read the analysis: https://www.hoover.org/research/net-present-value-billionaire-tax-act-assessment-fiscal-effects-californias-proposed?utm_source=youtube&utm_medium=description&utm_campaign=gf_youtube&utm_content=09092026 Join us in the audience next time! Subscribe to the GoodFellows to stay alerted on our next episode and event: https://www.hoover.org/publications/goodfellows?utm_source=youtube&utm_medium=description&utm_campaign=gf_youtube&utm_content=09092026 __________ 🔔 Subscribe for more discussions: @HooverInstitution 👍 Like and share this video! 🌐 Follow us on social media: • Facebook: https://www.facebook.com/HooverInstStanford • LinkedIn: https://www.linkedin.com/company/hoover-institution-at-stanford-university • Instagram: https://instagram.com/hooverinstitution • TikTok: https://www.tiktok.com/@hooverinstitution • X: https://www.twitter.com/HooverInst The opinions expressed are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. © 2026 by the Board of Trustees of Leland Stanford Junior University.