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California billionaire tax proposal garners enough signatures to head to ballot (www.theguardian.com)

submitted 6 days ago by BrikoX@lemmy.zip to c/usa@midwest.social

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Proposal for a one-time 5% tax on billionaires in the state is opposed by Silicon Valley tech titans and Gavin Newsom

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[–] KoboldCoterie@pawb.social 4 points 6 days ago

If they keep opposing it, they should amend it to a recurring tax, and if they still keep opposing it, they should make it 10% and just keep upping the ante until the billionaires learn to shut the fuck up and sit down. Non-tech giants out-number the tech giants by FAR more than enough to pass the legislation.

[–] socphoenix@lemmy.world 2 points 5 days ago

If Gavin newsom is against it these days it’s probably something you should do

[–] ZoteTheMighty@lemmy.zip 1 points 5 days ago

Surely all the billionaires who live in Wyoming and simply vacation to California 12 months a year won't be bothered by this?