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Hey @epitaph
Here's some alternate profile pics for ya to use, if you are interested:
and
Hey @epitaph
Here's some alternate profile pics for ya to use, if you are interested:
and
SACRAMENTO - Assemblymember Rob Bonta (D-Oakland) and more than a dozen fellow lawmakers have introduced legislation that would establish a first-in-the-nation net worth tax. This proposed wealth tax would generate an estimated $7.5 billion per year for California’s vital needs like education, housing, health care, and other state services.
The California Wealth Tax (AB 2088 as amended) would apply a 0.4% tax on the portion of a taxpayer's net worth that exceeds $30 million. (approximately 30,400 people.)
The California Wealth Tax would add critically needed revenue forCaliforniashoring up California public employee pension funds by creating a more equitable tax structure,” said Bonta. “Families are hurting right now. COVID-19 has only made matters worse. In times of crisis, all Californians must step up and contribute their fair share."
On a related topic, there has been a Conspiracy of Silence from Sacramento, and local governments, on tax collections to date. Meanwhile they have kept right on spending as if it were still good times.
The proposed "Wealth Tax" on folks with > $30 million in assets will result in reduced tax collections. Those are the most mobile people. They will leave. Then, not only will they not collect the wealth tax, but they will also lose the already-high-other-taxes they were collecting.
B.A.C.A.H. saysThe proposed "Wealth Tax" on folks with > $30 million in assets will result in reduced tax collections. Those are the most mobile people. They will leave. Then, not only will they not collect the wealth tax, but they will also lose the already-high-other-taxes they were collecting.
Exactly what already happened in NJ.
Make California Mexico again!
Not actually advocating that, but it is happening right before our eyes.
BayArea saysCa exodus is a farce.
Sure people are leaving. But plenty are coming
Huh?
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