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Hoover Daily Report | October 22, 2026

Today, the Editorial Board of The Wall Street Journal amplifies the research of Hoover scholars Benjamin Jaros and Joshua Rauh on California’s Proposition 40 wealth tax; John Cochrane lays out foundational principles for designing and evaluating tax systems; and Niall Ferguson recalls the horrors of the Western Front in WWI, as well as how that conflict inspired Herbert Hoover to found the Hoover Institution to study war, revolution, and peace.

Hoover Daily Report | October 22, 2026

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