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   alt.buddha.short.fat.guy      Uhhh not sure, something about Buddhism      156,682 messages   

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   Message 155,587 of 156,682   
   Wilson to All   
   Re: Wealth Tax Counterstrike   
   21 Feb 26 11:56:19   
   
   From: Wilson@nowhere.invalid   
      
   On 2/21/2026 2:28 AM, dart200 wrote:   
   > On 2/20/26 11:53 AM, Dude wrote:   
   >>   
   >> A 5% California wealth tax on a $1 billion net worth would result in a   
   >> $50 million tax liability!   
   >>   
   >> This proposed one-time tax targets the approximately 246 billionaires   
   >> in the state, potentially costing them between $50 million and $13   
   >> billion each, depending on their total wealth.   
   >>   
   >> Does anyone except the Teamsters Union think this is a good idea?   
   >   
   > i hope they leave   
   >   
   > billionaires don't spend their money in ways that are useful to local   
   > economies, and they have a lot retarded ways to not actually pay tax.   
   >   
   > in fact they buy up excess property making it harder for everyone else   
   > they leave, so better that they don't try to live here   
   >   
      
   So how much property, income & sales tax do the billionaires pay to the   
   bottomless state budget pit that's Kalifornia?   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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