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California Activist Proposes Wealth Tax and Probably Unconstitutional Exit Tax
Tax Policy Blog ^ | August 25, 2008 | Joseph Henchman and Paul Galindo

Posted on 09/05/2008 12:21:19 PM PDT by BookmanTheJanitor

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To: AmericaUnited
Wow, what’s next? A wall, barbed wire, and guards with dobermans and machine guns?

Where can we send donations to help build it?

61 posted on 09/05/2008 1:33:45 PM PDT by BlazingArizona
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To: BookmanTheJanitor

Unless a wealth tax goes into effect the instant the vote count shows it to have won there is a period of time when it is known to be coming and has not yet arrived. California just might dewealthify in that time, be it a month or a year. Actually I would love to see it happen. We need an object lesson for any other states that might like to try that sort of inanity and as for California, well, it couldn’t happen to a nicer state.


62 posted on 09/05/2008 1:34:47 PM PDT by arthurus (Old age and guile beats youth and enthusiasm.)
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To: Perdogg

Babs and Nancy will be forced to support the measure “for the peoples own good.”


63 posted on 09/05/2008 1:34:55 PM PDT by Oldpuppymax (AGENDA OF THE LEFT EXPOSED)
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To: gwilhelm56

We will still have a constitutional republic if we add initiative and referendum to the constitution. It will just function a lot better; think Switzerland.

The stupid proposal outlined in this article is used unreasonably to ridicule initiative and referendum, and it hasn’t even reached the ballot, let alone passed.

When I lived in Indiana some years ago a member of the legislature introduced a bill, in all seriousness, to change the value of “Pi” to 3.0. This absurd measure advanced to the floor, until someone noted that the Indiana Legislature had become the source of comedy routines in New York City. No matter what method of legislation you might wish to consider, someone can bring forth an extreme example to try to discredit it.


64 posted on 09/05/2008 1:35:26 PM PDT by devere
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To: jimfree

It get’s better...deeper into the potential initative, you notice that even residents making over $32,600.00 pay an additional $1,191.00 tax PLUS 9.3% on any income over that $32,600.00. There’s also taxes on people below the $32,600.00 line.

That should go over well.


65 posted on 09/05/2008 1:41:49 PM PDT by BookmanTheJanitor
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To: BookmanTheJanitor
hollyweird will relocate permanently to Toronto if the left does this... leftists will not like THEIR money being stolen. babs will scream... sarandon will scream... robbins will scream... glover will scream... I might smile at their pain but it is still socialism! I despise everything about the left!

LLS

66 posted on 09/05/2008 2:08:07 PM PDT by LibLieSlayer ( REAGANISM not communism)
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To: BookmanTheJanitor
The Roma tyrants would just make a list of people who they declared proscribed and just kill them and their families and take all their money and property. The Spanish did much the same thing in the 1500’s.
67 posted on 09/05/2008 2:10:10 PM PDT by fella (.He that followeth after vain persons shall have poverty enough." Pv.28:19')
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To: gwilhelm56

I wish I could take credit for it. I heard that bon mot a long time ago, and it just stuck in my head.


68 posted on 09/05/2008 2:18:46 PM PDT by Tree of Liberty (Islam delenda est)
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To: BookmanTheJanitor
This is brilliant!!!!!

It's hard to tell if this is a serious proposal, but either way it's going to expose the limosine liberals for the frauds that they are. We all knew it was only a matter of time before the left was going to turn on it's own dishonest rhetoric. We've seen it with the affirmative action presidential candidate Obama (re: Clinton supporters crying foul over racism charges) and we saw it this week when they turned on their own notions of feminism, sexism, and motherhood.

The rich liberal left in California is going to have to either make an argument against higher taxes or get out of the state, either way the the point about taxes being bad is made.

I hope this is an honest attempt by a communist nutcase and that California citizens and this country is forced to have an honest debate about taxes.

69 posted on 09/05/2008 2:27:43 PM PDT by tonyinv (Illegals = Demanding rights they have no right to be in position to demand in the first place.)
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To: BookmanTheJanitor
Life imitates burbed.com. I never thought that such an insane idea would be seriously considered.
70 posted on 09/05/2008 2:31:11 PM PDT by dan1123 (If you want to find a person's true religion, ask them what makes them a "good person".)
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To: BookmanTheJanitor

Why limit the tax on anything over $20 million. Why not just lower it to anything over $0.


71 posted on 09/05/2008 2:56:26 PM PDT by Chewbacca (Ron Paul and if not him then Chuck Baldwin '08!)
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To: Chewbacca

Actually, in section 6 of his proposed initiative, the taxes start on taxable income over $3,650.00 per year at 1% and goes up steeply from there.


72 posted on 09/05/2008 3:06:46 PM PDT by BookmanTheJanitor
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To: tonyinv
It's hard to tell if this is a serious proposal

I'm starting to have my doubts about how serious a proposal it is. Huffingtonpost fundrace shows him to be a Ron Paul supporter. All past year searches of this guy's name (and listed as a CPA) in the LA area only show donations to Republicans. Lastly, if it's "wealth tax"...why start the tax on people earning $3,650.00 a year?

73 posted on 09/05/2008 4:56:45 PM PDT by BookmanTheJanitor
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To: BookmanTheJanitor

Correction to above post - I see what they did -they’re replacing the old tax levels w/ new “poor friendly” ones. At first I thought these were new additional taxes.


74 posted on 09/05/2008 5:27:51 PM PDT by BookmanTheJanitor
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To: BookmanTheJanitor

I have a 5 year plan that will fix everything.

In 5 years I will pay off all my property debt, and then I can leave this state, with much sadness because it is the place of my birth and my home all my life. But it’s beyond all recognition now.

About 2 years ago I was at the councilman’s office for a “party” - he was hosting an art exhibit for artists in his district and yes he is a democrat. I never heard more antisemitic comments at a single gathering in my life. Granted this was by the attendees not the councilman (who, ironically, is Jewish!) but some of the art was clear propaganda and it got the crowd riled up about Jews, Neocons (which, I firmly believe has become code for “jewish controlled government”) etc., etc.

I pray God will show me the way. I’m thinking South Carolina, Alabama, maybe Texas... or maybe France. In 5 years France could very well be to the right of us.


75 posted on 09/06/2008 10:48:17 PM PDT by monkeyshine
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To: BookmanTheJanitor

Exit tax. “Now yourself can’t leave “.


76 posted on 06/26/2023 9:57:26 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: Huskrrrr

Now youse can’t leave.


77 posted on 06/26/2023 9:57:57 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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