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hueymahl

(2,906 posts)

1. This will be a disaster for California if passed

Reply to Yo_Mama_Been_Loggin (Original post)

Tue Apr 28, 2026, 01:45 PM

Apr 28

It is one thing to tax income, quite another to tax assets. I predict a massive waive of billionaires leaving California and this ends up being a net negative to total tax collected.

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rollin74

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Highlight:

California billionaire tax moves closer to November ballot: What to know [View all] Yo_Mama_Been_Loggin Apr 28 OP

This will be a disaster for California if passed hueymahl Apr 28 #1

Why would they leave the state? eggplant Apr 28 #3

California is a beautiful state and let them go but they must sell their ALL of their homes to avoid taxes kimbutgar Apr 28 #6

The craven worked hard for tax shelters Torchlight Apr 28 #2

Have they said how they are planning to go about assessing the value of people's total assets? MichMan Apr 28 #4

I support this AZProgressive Apr 28 #5