@moreperfectunion: State governments are bracing for impact as Trump’s so-called “One One Big Beautiful Bill Act” goes into effect in 2027, slashing funds for safety nets like medicaid and food stamps. In response, Californians are voting on a one-time wealth tax on the ultra-wealthy.

jmz :

You’re willing to spend 100 million dollars not to be taxed 13 billion dollars, how greedy can someone be?

M :

I think what pisses me off, is theyre so disgustingly rich— they truly wouldn’t notice a difference. If you taxed them appropriately, THEY’D STILL BE STUPID RICH? But it hurts the poor and middle class who CAN’T afford to live?

Haberopapero :

There is no moral rich person. We live in a egalitarian finite world.

Noah Booth :

There are more billionaires per capita in Sweden than in the US. Sweden doesn't have a wealth tax, but they do have universal healthcare, affordable housing, robust social safety nets, worker and environmental protections, and high standards of living generally.

ez.e27 :

Why would you intentionally drive a company that brings revenue and taxes out of your state

ab :

200 billionaires in California alone 😠

avdempirex :

taxing the richest people extra won,t change everything. Because the goverment never haves enough money and always wants more. They first need to look at where they spend money on and is not needed. Because alot of money is spend the wrong way due to corruption. Look at healthcare why does this need to be do expensive, medicines and other medical stuff that go 100x or even 10000x with the price is what is wrong why people can,t pay it.

Don N. Kruger :

The US has the highest wealth inequality

Val18b🇨🇦 :

They can move to Nebraska if they’re not happy.

Jon Leegard :

because based on how that law was written, his tax was 5% of 25% of $4 trillion or more than 25% of his weath before needing to sell additional shares to pay the income tax at the state and federal level. 35% of his net worth plus loss of control of the business he helped found.

Noticing greatly :

Maybe devise a tax rate calculator: the more abusive the business methods of each billionaire the more tax they pay. The more good they do with their wealth the less tax they pay. We’d vote on it.

patchknight :

One time taxes seem quite smart, actually. Sure it lowers trust in the regulatory body, but it doesn’t incentivize long-term reinvestment away from markets that still contain all the things that made those billionaires set up there in the first place.

whatsagoodname..idk :

5%? How about 50%?

all.one.love67 :

TAX WEALTH NOT WORK

hannah :

@by CB g

rudyybarra76 :

Tax ‘em

hannah :

hannah :

emile :

𝓜𝓲𝓻𝓪 🍄🛰️ :

🦦 :

Billionaire when getting an extra 2% wealth tax:

ichcihchi :

hannah :

Aileen Lily Alvarez :

changing my browser to anything else but google

Fred Freddy :

Why people think comparing apples to oranges makes any sense 🙄🙄🙄