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this post was submitted on 10 Oct 2026
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politics
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It's been said here before and I'm trying not to be defeatist but 40 is probably not going to pass. And it's basically a tacit admission that so many people still believe trickle down economics works...
They’re blanketing us with propaganda hard here. Tons of ads about how there’s a loophole to make it so that everyone can be taxed*, ads about how unions and teachers are against it, ads from people who ‘changed their mind’ about it, etc. I think I’ve got some that came in the mail that I let my cat have (he loves to shred paper).
* true in a very tortured reading of the text, but trying to implement it as anything other than a wealth tax on billionaires is almost certain to fail in court
Uh, what? 40? Is that prez? Fuck him, and fuck Newsom.
Prop 40 is Californias one time billionaire retroactive tax. The two biggest arguments against it are “I earned all of that money on my own” and “we should tax them more than once” which I also agree with, but isn’t on the ballot. The one time tax could be on the ballot every year too, nothing is preventing that.
Thanks for informing them, I'm not sure how they managed to miss everything about the post I commented on 🤷