Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Prairie Gates

(8,671 posts)

11. Exactly right

Reply to Fiendish Thingy (Reply #1)

Fri Jun 26, 2026, 05:48 PM

Friday

California could absolutely pass this bill.

No national billionaires tax will ever pass without drastic structural (revolutionary) change. You can propose it all day long because it will never go anywhere.

Edit history

Please sign in to view edit histories.

Recommendations

3 members have recommended this reply (displayed in chronological order):

byronius Shipwack Blasphemer

23 replies

= new reply since forum marked as read

Highlight:

Gavin Newsom opposes a California wealth tax. He's proposing a national billionaire tax instead [View all] GJGCA Friday OP

That's because he knows such a bill would never pass Fiendish Thingy Friday #1

Forgive my skeptical take... GJGCA Friday #2

The oligarchs will give it their best shot Fiendish Thingy Friday #4

That bill is gonna pass in California hookaleft Friday #6

It's not a bill Fiendish Thingy Friday #7

pretty obvious he doesn't want his presidential run defined by driving business out of CA thebigidea Friday #8

From what I've read, this is basically what his opposition is about. Silver Gaia Yesterday #17

Personally I think it should be $300 million and up The Grand Illuminist 23 hrs ago #18

Exactly right Prairie Gates Friday #11

My first thought exactly not fooled Friday #14

A National Billionaire Tax is the right answer..... HOWEVER getting it passed is another story. groundloop Friday #3

I'm guessing he wants billionaire's money in his pocket Buddyzbuddy Friday #5

signing free college into law was better than anything Bernie ever managed thebigidea Friday #9

This is also true Prairie Gates Friday #12

What does Bernie have to do with this? Buddyzbuddy Friday #13

Sad, but true. LudwigPastorius Yesterday #15

Any wealth tax would have to be national. dwilso40641 Friday #10

It could be state by state, but that would be a nightmare Bluetus 15 hrs ago #19

I'm for taxing the billionaires at both state and local levels. tirebiter Yesterday #16

CA will allow them an installment plan of five years at one percent miyazaki 14 hrs ago #20

Multi-millionaires are loving all the focus on billionaires only.... Mark.b2 13 hrs ago #21

Here is what I don't get. Why the hell are the opposed to paying taxes?? hookaleft 13 hrs ago #22

If you have a net worth of over a billion fujiyamasan 5 hrs ago #23