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

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   Message 155,707 of 155,846   
   Dude to All   
   Re: Wealth Tax Counterstrike   
   22 Feb 26 13:38:54   
   
   XPost: alt.messianic   
   From: punditster@gmail.com   
      
   On 2/22/2026 11:58 AM, dart200 wrote:   
   > On 2/22/26 11:16 AM, Noah Sombrero wrote:   
   >> On Sun, 22 Feb 2026 13:42:32 -0500, Wilson    
   >> wrote:   
   >>   
   >>> On 2/22/2026 1:05 PM, Julian wrote:   
   >>>> On 22/02/2026 17:43, Wilson wrote:   
   >>>>> On 2/22/2026 11:33 AM, Julian wrote:   
   >>>>>> On 22/02/2026 16:13, Wilson wrote:   
   >>>>>>> On 2/21/2026 6:40 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.   
   >>>>>>>   
   >>>>>>> If a big wealth tax is implemented the techbros who stay will either   
   >>>>>>> be forced to liquidate a large percentage of their assets driving   
   >>>>>>> down the value of the stock, or give that stock directly to the   
   >>>>>>> taxing agency making the State the owner of a part of those   
   >>>>>>> companies.   
   >>>>>>>   
   >>>>>>> Guess which of those two the politicians will want?   
   >>>>>>   
   >>>>>> If they can't confiscate have the stock, people's property,   
   >>>>>> they won't think twice about trashing the asset values in   
   >>>>>> millions of people's pension funds just out of spite.   
   >>>>>   
   >>>>> Good point. Envy drives a lot of this.   
   >>>>   
   >>>> The Godless Leftwaffe have de-ratified the seven deadly sins.   
   >>>   
   >>> "They clearly aren't deadly, we do them all the time!"   
   >>   
   >> No joke.  You do.   
   >   
   > they both forgot:   
   >   
   >    > we cannot love the lord our god with all our heart,   
   >    > soul, mind, and strength if we also love money (mark 12:30)   
   >    >   
   >    > #god   
   >   
   John Mark was not a direct disciple. What did he know, anyway? Only what   
   Peter told him, and what did Peter know?   
      
   Apparently, Mark is the "certain young man" who fled naked during Jesus'   
   arrest in Gethsemane (Mark 14:51-52).   
      
   "Be fruitful and multiply, and fill the earth". - God   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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