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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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