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   alt.buddha.short.fat.guy      Uhhh not sure, something about Buddhism      155,846 messages   

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   Message 155,524 of 155,846   
   Noah Sombrero to Dude   
   Re: Wealth Tax Counterstrike   
   19 Feb 26 17:43:03   
   
   From: fedora@fea.st   
      
   On Thu, 19 Feb 2026 14:18:20 -0800, Dude  wrote:   
      
   >On 2/19/2026 2:02 PM, Noah Sombrero wrote:   
   >> On Thu, 19 Feb 2026 16:47:12 -0500, Wilson    
   >> wrote:   
   >>   
   >>> On 2/19/2026 4:38 PM, Dude wrote:   
   >>>> On 2/19/2026 12:43 PM, Noah Sombrero wrote:   
   >>>>> On Thu, 19 Feb 2026 12:39:03 -0800, Dude  wrote:   
   >>>>>> Critics, argue it could negatively impact working people and that the   
   >>>>>> top 1% already pay nearly half of the state's income taxes.   
   >>>>>   
   >>>>> And so it is that the labor movement has become thugs and a cabal of   
   >>>>> communist academics.  Nah, you can't fool me with that shit.   
   >>>>>   
   >>>> That's because you have not thought this through. Otherwise, you would   
   >>>> have posted your arguments, pro or con, to this list, instead of   
   >>>> infantile emotional outbursts.   
   >>>>   
   >>>> The taxable obligation is wholly detached from a liquidity event!   
   >>>>   
   >>>> Unlike income and capital gains taxes, a wealth tax is entirely   
   >>>> untethered from a liquidity event. “Asset-rich, cash-poor” taxpayers may   
   >>>> be forced to sell assets to meet their tax obligations, risking   
   >>>> destabilizing asset and capital markets.   
   >>>>   
   >>>> Also, on a more personal level, consider whether one or both spouses are   
   >>>> California residents, the tax is imposed at a household level, so a   
   >>>> couple with a combined net worth of $1 billion or more is subject to the   
   >>>> tax, whereas two unmarried individuals with just under $1 billion apiece   
   >>>> would not be taxed.   
   >>>   
   >>> Reportedly, some high net worth couples are seriously considering   
   >>> divorce to avoid the proposed Cali billionaire wealth tax.   
   >>   
   >> Suits me.  It is not up to us to preserve their marriages.  Pay your   
   >> damn taxes.   
   > >   
   >Wealthy people already pay most of the federal and state income tax.   
   >   
   >You get to work! Pay your fair share of income tax! How about 50% of all   
   >income, including government pension and social security?   
   > >   
   If I were a billionaire, I would happily do that.   
   --   
   Noah Sombrero mustachioed villain   
   Don't get political with me young man   
   or I'll tie you to a railroad track and   
   <<>> to <<>>   
   Who dares to talk to El Sombrero?   
   dares: Ned   
   does not dare: Julian  shrinks in horror and warns others away   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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