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Bluetus

(3,317 posts)

19. It could be state by state, but that would be a nightmare

Reply to dwilso40641 (Reply #10)

Sat Jun 27, 2026, 06:54 PM

4 hrs ago

Billionaires would just park their wealth elsewhere,. That wouldn't hurt the billionaires, but would hurt the taxpayers of California.

Maybe there could be some system that says if a company wants to sell to Canifornians , then they must be subject to a minimum tax. That could be enormously difficult to administer, and that would not reach the billionaires directly.

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Highlight:

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

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

Forgive my skeptical take... GJGCA Yesterday #2

The oligarchs will give it their best shot Fiendish Thingy Yesterday #4

That bill is gonna pass in California hookaleft Yesterday #6

It's not a bill Fiendish Thingy Yesterday #7

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

From what I've read, this is basically what his opposition is about. Silver Gaia 18 hrs ago #17

Personally I think it should be $300 million and up The Grand Illuminist 12 hrs ago #18

Exactly right Prairie Gates Yesterday #11

My first thought exactly not fooled 23 hrs ago #14

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

I'm guessing he wants billionaire's money in his pocket Buddyzbuddy Yesterday #5

signing free college into law was better than anything Bernie ever managed thebigidea Yesterday #9

This is also true Prairie Gates Yesterday #12

What does Bernie have to do with this? Buddyzbuddy Yesterday #13

Sad, but true. LudwigPastorius 22 hrs ago #15

Any wealth tax would have to be national. dwilso40641 Yesterday #10

It could be state by state, but that would be a nightmare Bluetus 4 hrs ago #19

I'm for taxing the billionaires at both state and local levels. tirebiter 20 hrs ago #16

CA will allow them an installment plan of five years at one percent miyazaki 2 hrs ago #20

Multi-millionaires are loving all the focus on billionaires only.... Mark.b2 1 hr ago #21

Here is what I don't get. Why the hell are the opposed to paying taxes?? hookaleft 1 hr ago #22