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

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   Message 155,527 of 155,846   
   Dude to Noah Sombrero   
   Re: Wealth Tax Counterstrike   
   19 Feb 26 15:01:22   
   
   From: punditster@gmail.com   
      
   On 2/19/2026 2:45 PM, Noah Sombrero wrote:   
   > On Thu, 19 Feb 2026 14:09:47 -0800, Dude  wrote:   
   >   
   >> On 2/19/2026 1:44 PM, Noah Sombrero wrote:   
   >>> On Thu, 19 Feb 2026 13:38:57 -0800, Dude  wrote:   
   >>>   
   >>>> On 2/19/2026 12:43 PM, Noah Sombrero wrote:   
   >>>>> On Thu, 19 Feb 2026 12:39:03 -0800, Dude  wrote:   
   >>>>>   
   >>>>>> On 2/19/2026 7:40 AM, Noah Sombrero wrote:   
   >>>>>>> On Thu, 19 Feb 2026 13:35:08 +0000, Julian    
   >>>>>>> wrote:   
   >>>>>>>   
   >>>>>>>> a union thug and his cabal of communist academics have awoken a   
   sleeping   
   >>>>>>>> giant: behold, your first look at the billionaire counterattack in the   
   >>>>>>>> war for California’s future   
   >>>>>>>   
   >>>>>>> There you have it.   
   >>>>>>>   
   >>>>>> Key words: Economic Impact   
   >>>>>>>   
   >>>>>>> What happened to the labor movement?   
   >>>>>>>   
   >>>>>> Not sure you've thought this through.   
   >>>>>>>   
   >>>>>>> They are now thugs and a cabal of communist academics.>   
   >>>>>> 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.   
   >>>   
   >>> Nah, I simply reject any premise that ends up with   
   >>> labor movement has become thugs and a cabal of   
   >>> communist academics   
   >>>   
   >> Obviously, you've not read any California labor union history, or even   
   >> thought about it.   
   >>   
   >> California Teamsters were often labeled "thugs" and "commies" due to a   
   >> combination of violent, coercive strike tactics, deeply ingrained   
   >> corruption.   
   >>   
   >> The union used intimidation, engaged in mafia-related corruption notably   
   >> under Jimmy Hoffa. Remember him?s.   
   >   
   > Right, he disappeared something like 65 years ago.  Time to give labor   
   > unions a break.   
   >   
   For the record, I am anti-union and support your right to work.   
      
   According to what I've read, on 18 September 2024, the organization   
   announced that it would be endorsing neither of the two major party   
   candidates of the 2024 presidential election: Democratic nominee Kamala   
   Harris and Republican nominee Donald Trump.   
      
   This marked the first election in nearly three decades in which the   
   organization did not endorse a Democrat for president   
    >   
      
   >>>   
   >>> That dog won't hunt.   
   >>>   
   >> This is probably the beginning of the end for Democrats in California.   
   >> California Democrats are divided over a proposal to tax the state's   
   >> richest residents, potentially impacting party unity.   
   >>>   
   >>> If you are looking for an emotional outburst, thugs and cabal would be   
   >>> it.   
   >>>   
   >> There's a reason they call California Teamsters labor union members   
   >> thugs and commies.   
   >>   
   >>   
   >>   
   >>>   
   >>>   
   >>>> 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.   
   >>>>>   
   >>>>   
   >>>>>>   
   >>>>>>>>   
   >>>>>>>> A few weeks back, I asked 21 California billionaires targeted by the   
   >>>>>>>> Service Employees International Union’s proposed wealth tax if they   
   >>>>>>>> planned to fight the ballot proposition, move, or some mysterious   
   third   
   >>>>>>>> thing. Sentiment was darker than I anticipated. Almost everyone I   
   spoke   
   >>>>>>>> with, including the California maximalists, was planning an exit.   
   While   
   >>>>>>>> the architects of the ballot prop insisted “wealth flight” would   
   never   
   >>>>>>>> happen — there was research, we were told; trust the experts!, the   
   >>>>>>>> commies cried — it was clear by the end of January they were not   
   only   
   >>>>>>>> wrong about this, but about pretty much everything. To date, at least   
   >>>>>>>> half the wealth targeted by the SEIU’s Dave Regan and his cabal of   
   >>>>>>>> Marxist academics has moved from California, the SEIU has alienated   
   the   
   >>>>>>>> governor, the teacher’s union (from what I’ve repeatedly heard),   
   and   
   >>>>>>>> most center-left organizations in the state, and they’ve radicalized   
   >>>>>>>> even center left billionaires against special interests to a degree   
   I’ve   
   >>>>>>>> never before seen. To put this in perspective, I know a billionaire   
   tech   
   >>>>>>>> founder who supported Chesa Boudin, San Francisco’s infamous   
   pro-crime   
   >>>>>>>> District Attorney, who is now prepared for war with every union in the   
   >>>>>>>> state.   
   >>>>>>>>   
   >>>>>>>> But will a few angry billionaires be enough to avert catastrophe?   
   >>>>>>>   
   >>>>>>> Certainly not.  We need a million billionaires in the street crying   
   >>>>>>> mayhem.   
   >>>>>>>   
   >>>>>>>> https://www.piratewires.com/p/wealth-tax-counterstrike   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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