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Michael Thom – Taxing Sin
Michael Thom, professor at USC’s Sol Price School of Public Policy, discusses his new book Taxing Sin. Prof. Thom reviews the history of sin taxes, which goes back for hundreds of years, and the traditional sin taxes, such as alcohol and tobacco taxes. He also discusses new 21st century sin taxes – soda, plastic bags, and marijuana. Tim Anaya also provides highlights from Governor Newsom’s proposed 2021 budget.