From: user7160@newsgrouper.org.invalid   
      
   On 2/19/26 1:47 PM, 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.ย 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. โAsset-rich, cash-poorโ 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.   
      
   please let us witness *that* timeline ๐๐   
      
   --   
   hi, i'm nick! let's end war ๐   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   
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