this post was submitted on 26 Jun 2026
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Political Memes

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Throw them in the garbage (lemmy.world)
submitted 5 hours ago by Zombiepirate@lemmy.world to c/politicalmemes@lemmy.world
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[–] takeda@lemmy.dbzer0.com 23 points 5 hours ago (1 children)

They already trying to change California's Constitution to prevent taxing their wealth:

https://ballotpedia.org/California_Prohibit_Taxes_on_Retirement_Holdings_and_Personal_Savings_Amendment_(2026)

[–] Zombiepirate@lemmy.world 16 points 5 hours ago (2 children)

The amendment defines Retirement holdings, individually-owned assets, and other forms of personal savings to include "pensions; retirement accounts, including but not limited to 401 (k) accounts, 403(b) accounts, and all other individual retirement accounts; mutual funds; and all personal property, whether tangible or intangible, including but not limited to financial assets, investment accounts, business interests, digital assets, intellectual property, personal belongings, and other assets used to produce or collect income or savings for retirement or financial planning."

Jesus, that's an Orwellian bill name.

[–] lostme@piefed.social 1 points 14 minutes ago

At that point is there anything that doesn't fit this definition? xdd

I guess income that goes to luxury things such as groceries and bills would still get taxed

[–] takeda@lemmy.dbzer0.com 5 points 3 hours ago

My biggest concern is:

Ballotpedia has not located a campaign in opposition to the ballot measure. You can share campaign information or arguments, along with source links for this information, with us at editor@ballotpedia.org.

If no one is declaring opposition, this will definitively pass.