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

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   Message 155,591 of 155,846   
   Dude to Wilson   
   Re: Wealth Tax Counterstrike   
   21 Feb 26 09:49:58   
   
   From: punditster@gmail.com   
      
   On 2/21/2026 8:56 AM, Wilson wrote:   
   > 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?   
   >   
   So, maybe there are 286 billionaires living in California. How many are   
   worth that just on paper?   
      
   At any rate, they all shop at the same grocery store - Safeway.   
      
   And, I can say, without the least hesitation, and let me be clear: the   
   prices are way too high. YMMV.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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