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California billionaire tax could leave state with less revenue, Stanford study cautions

California voters next month will decide on whether to tax billionaire wealth, a proposal designed to generate billions of dollars to shore up the state’s healthcare system. But Stanford economists are now cautioning that the tax could backfire, leaving the state with less in tax revenue than before.  Seven billionaires have already publicly moved out…

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10/18: Sunday Morning

Hosted by Jane Pauley. Featured: California’s Proposition 40; singer Rosalía; actor John Turturro; “Elsbeth” star Carrie Preston; “Other Desert Cities” on Broadway; the legacy of Jackson Pollock and Lee Krasner; consumer sentiment at the midterms; and a frog-jumping contest. Source link

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House censures Rep. Chuck Edwards over “inappropriate conduct” toward aides

Washington — The House censured Rep. Chuck Edwards on Tuesday after a House Ethics Committee investigation found the North Carolina Republican engaged in “persistent unprofessional and inappropriate conduct” toward two young women who worked for him.  The House approved Edwards’ punishment — standing in the chamber as the resolution condemning his conduct was read aloud…

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