From: fedora@fea.st   
      
   On Sun, 22 Feb 2026 12:52:30 -0800, Dude  wrote:   
      
   >On 2/21/2026 6:51 PM, Noah Sombrero wrote:   
   >> On Sat, 21 Feb 2026 23:40:00 +0000, 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.   
   >>   
   >> Delusion and madness is not escaped so easily.   
   > >   
   >That one way to run a railroad, but why not run at a profit?   
      
   Why mandate maximum profit?  Not that they wouldn't do that anyway.   
   --   
   Noah Sombrero mustachioed villain   
   Don't get political with me young man   
   or I'll tie you to a railroad track and   
   <<>> to <<>>   
   Who dares to talk to El Sombrero?   
   dares: Ned   
   does not dare: Julian  shrinks in horror and warns others away   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)