"Pretending to propose his own national solution is clearly a cynical smoke screen to let California billionaires off the hook," argues the Billionaire Tax Now campaign as it seeks to counter "5 tricks" being deployed by Gov. Gavin Newsom and his allies.
Fuck newsom in general, but I could see a rational argument that the tax should be national to prevent billionaire Californias from moving to the Nevada side of Lake Tahoe.
And if he’s president, he will say he can’t enact the tax because billionaires would flee the US.
We’ve had the same arguments in France. The economist who proposed the tax actually used data from the US to show that few rich people actually leave the place they’re in, because that’s where they live, meet people for business or pleasure, etc.
Mamdani proved unequivocally that they won’t actually move. Stop giving in to the bullshit billionaires are spouting to try to stop themselves being taxed.
Also, who fucking cares if they leave? Billionaires are a burden to the society and economy of any city or state they live in.
And yes, FUCK NEWSOM! Say it loud and say it proud. NO MORE CONSERVATIVE DEMOCRATS!!!
Fuck newsom in general, but I could see a rational argument that the tax should be national to prevent billionaire Californias from moving to the Nevada side of Lake Tahoe.
And if he’s president, he will say he can’t enact the tax because billionaires would flee the US.
We’ve had the same arguments in France. The economist who proposed the tax actually used data from the US to show that few rich people actually leave the place they’re in, because that’s where they live, meet people for business or pleasure, etc.
This could be evaluated for California too.
Mamdani proved unequivocally that they won’t actually move. Stop giving in to the bullshit billionaires are spouting to try to stop themselves being taxed.
Also, who fucking cares if they leave? Billionaires are a burden to the society and economy of any city or state they live in.
And yes, FUCK NEWSOM! Say it loud and say it proud. NO MORE CONSERVATIVE DEMOCRATS!!!
He’s not arguing for that. He wants a national tax that both isn’t on the ballot and wouldn’t tax billionaires on their wealth.
it wouldn’t help a billionaire avoid california taxes. their income is too diversified.
Good point, let’s vote again in CA after it’s been enacted nationally.