on November 10, 2026, 22:31, in reply to "Congrats California for rejecting wealth tax"
1. A revenue generator.
2. A punishment on billionaires.
It was presented as a revenue generator. The numbers were clearly incorrect. The bill was poorly worded. Tons of people were against it. Even Newsom was against it.
Easy no vote.
Previous Message
It’s fascinating to read various reporting an analyses across different media sources. Oh, it was the ad campaign against a good idea, blah blah.
The projections by the progressive economist leading the way have been shredded by other economists with almost no reporting by sources who swallowed the progressive’s perspective.
And so on. Look for another try because it really was close. Any billionaire or potential billionaire who thinks this is over is too dumb to be a billionaire.
56
