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

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   Message 155,703 of 155,846   
   dart200 to Dude   
   Re: Wealth Tax Counterstrike   
   22 Feb 26 13:07:49   
   
   From: user7160@newsgrouper.org.invalid   
      
   On 2/22/26 1:05 PM, Dude wrote:   
   > On 2/22/2026 6:06 AM, Noah Sombrero wrote:   
   >> On Sat, 21 Feb 2026 21:07:17 -0800, dart200   
   >>  wrote:   
   >>   
   >>> On 2/21/26 3:40 PM, Julian wrote:   
   >>>> 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.   
   >>>   
   >>> i hope they relocate   
   >>>   
   >>> tech companies are vastly more replaceable they think   
   >>>   
   >>> their products categorically suck   
   >>>   
   >>> and they're bad *for* us   
   >>>   
   >>> someone who isn't replaceable is the likes of linux torvolds.   
   >>   
   >> linus torvalds.   
   >>   
   >>> worth in   
   >>> true value more than the rest of the tech billionaires combined.   
   >>   
   >> True value, there is an interesting idea.  Is true value a matter of   
   >> dollars, or is it something else?  Could it be that tech has no true   
   >> value at all?   
   >>   
   >> The first cd players were going for $500 a pop.  These days most   
   >> people have moved on to dvd.   
   >>   
   > Nick called you a Boomer. Nobody rents DVDs anymore. Nick can stream   
   > anything on his iPod with Bluetooth and 5G.   
      
   ipods are so 2000s boomer   
      
   >  >   
   >>>   
   >>>    > price is just a number u sheeplfried moron   
   >>>    >   
   >>>    > #god   
      
      
   --   
   hi, i'm nick! let's end war 🙃   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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