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Prairie Gates

(8,669 posts)

11. Exactly right

Reply to Fiendish Thingy (Reply #1)

Fri Jun 26, 2026, 05:48 PM

11 hrs ago

California could absolutely pass this bill.

No national billionaires tax will ever pass without drastic structural (revolutionary) change. You can propose it all day long because it will never go anywhere.

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byronius

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Highlight:

Gavin Newsom opposes a California wealth tax. He's proposing a national billionaire tax instead [View all] GJGCA 13 hrs ago OP

That's because he knows such a bill would never pass Fiendish Thingy 13 hrs ago #1

Forgive my skeptical take... GJGCA 13 hrs ago #2

The oligarchs will give it their best shot Fiendish Thingy 13 hrs ago #4

That bill is gonna pass in California hookaleft 13 hrs ago #6

It's not a bill Fiendish Thingy 12 hrs ago #7

pretty obvious he doesn't want his presidential run defined by driving business out of CA thebigidea 12 hrs ago #8

From what I've read, this is basically what his opposition is about. Silver Gaia 1 hr ago #17

Exactly right Prairie Gates 11 hrs ago #11

My first thought exactly not fooled 5 hrs ago #14

A National Billionaire Tax is the right answer..... HOWEVER getting it passed is another story. groundloop 13 hrs ago #3

I'm guessing he wants billionaire's money in his pocket Buddyzbuddy 13 hrs ago #5

signing free college into law was better than anything Bernie ever managed thebigidea 12 hrs ago #9

This is also true Prairie Gates 11 hrs ago #12

What does Bernie have to do with this? Buddyzbuddy 9 hrs ago #13

Sad, but true. LudwigPastorius 5 hrs ago #15

Any wealth tax would have to be national. dwilso40641 11 hrs ago #10

I'm for taxing the billionaires at both state and local levels. tirebiter 3 hrs ago #16