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|    alt.buddha.short.fat.guy    |    Uhhh not sure, something about Buddhism    |    155,846 messages    |
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|    Message 155,611 of 155,846    |
|    Julian to Wilson    |
|    Re: Wealth Tax Counterstrike    |
|    21 Feb 26 23:40:00    |
      From: julianlzb87@gmail.com              On 21/02/2026 16:56, 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?              I guess at some point, on this trajectory, some shareholders might be       moved to sue companies that don't relocate from Kalifornia for breaching       their fiduciary duty to maximise returns on investment?              In the UK publicly listed companies are legally obliged to maximise       profit... which is why, for instance, they are frantically unravelling       their DIE extraordinary popular delusions and the madness of crowds.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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