Fact vs. Fiction on Medicaid and the Wealth Tax

I try to be fair to people I disagree with. Emmanuel Saez -- the famous UC Berkeley economist who's considered an architect of California's proposed billionaire wealth tax -- is someone I read carefully, even when I find his income-inequality work unconvincing. So, when I say that his arguments for the wealth tax are not just biased or misleading but egregiously wrong, I'm not being careless. I mean it. In a recent debate at Stanford University, Saez offered his central justification (apart from