The news is set to intensify an already heated debate around the tax, which has pitted tech moguls and the state’s governor, Gavin Newsom, against the labor union backing the measure.
This is the jackass the stupidest people in the Democratic Party want to be the next president.
As a life-long Californian, I fucking hate this guy.
If anyone out there doesn’t know much about him, just know to vote against him when he tries this shit.
Iv met ONE other Californian that had anything nice to say about him and it was most definitely from a position of ignorance.
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.
Financial obesity is a great term.
Heck yeah.
Pay your bills, oligarchs.
Ugh, I’m not sure if I would vote for this
The California Billionaire Tax Act, colloquially known as the billionaire tax, would levy a one-time 5% tax on any California resident worth more than $1bn
It’s a one-time tax?!? Why on earth would they do something so weak? Do they want it to fail to pass??
Yeah which makes it all the more absurd that the current governor of California and presidential hopeful “Democrat” Gavin Newsom is attempting to block it.
How can the governor block a referendum? Isn’t that the whole point of a referendum?
One time isnt great but its a step up from nothing. I usually dont go in for incrementalism but this isnt bad.
I did my part
How bout a one time guillotine event instead?
one time?! We need a Department of Billionaire Management that routinely sets controlled burns and occasionally culls the herd.
Can we order one in Dublin? At the pedo Peter thiels douchebag club meeting?
Imagine thinking billionaires are just gonna let go of wealth hahaha
The bill is wrong because taxing billionaires should not be a one time thing. Newsom is wrong because he should let it go through anyway.
The whole thing is a microcosm of leftists as a whole: stumbling over themselves to hamstring eachother over anything that isn’t 100% perfect.
How does Steyer feel about this?
Tom Steyer the billionaire?
Have a guess.
It was a rhetorical question lol. He’s off the ballot, we won that fight already.
Iirc Steyer was actually in favor of it. Who knows what his policies would have actually been in office but he was campaigning on higher taxes for billionaires.
