You can't be serious....
Somewhere in there is an exit tax......probably retroactive
Electing democrats is always an example of ignorance, stupidity, and/or blind obedience. The results of democratic policies is disaster everywhere they control the levers of government. One would think that by now voters would see the dems are primarily focused on enriching themselves with other peoples’ money, and don’t give a rat’s ass about doing positive things for the people they supposedly represent. How often does one see them doing anything with a positive outcome for anyone but themselves?
[Page 6]
Sec. 4. Section 37 is added to Article XIII of the California Constitution, to read:
Sec. 37.
(a) This Section authorizes and enables a one-time tax on the accumulated wealth of California billionaires, imposed on those individuals who are California residents within the meaning of Sections 17014 and 17015.5 of the Revenue and Taxation Code as of the tax obligation date as defined in the 2026 Billionaire Tax Act.
[Page 26]
50310. Legislative Authority.
The Legislature may amend the 2026 Billionaire Tax Act, by statute passed in each house of the Legislature by rollcall vote entered in the journal, two-thirds of the membership concurring, if the statute is consistent with and furthers the purposes of the 2026 Billionaire Tax Act.
https://oag.ca.gov/system/files/initiatives/pdfs/25-0024A1%20%28Billionaire%20Tax%20%29.pdf
The left has NGOs that they need to fund for fraud to continue.
Let me tell you how sneaky these guys are...
..so I walk out of Walmart and there’s this guy with a bunch of petitions to sign to get things on the ballot
The first few were conservative ( sounding, though now I wonder what was buried in them )
and then this billionaire tax petition
Then a bunch more conservative SOUNDING ones.
No, I didn’t sign the billionaire tax one ,,,cuz it’s dumb, no poor man ever gave a job to anyone ever.
But looking back, this guy buried this commie petition in the middle of the right wing sounding ones,,,would a real conservative do that ?
Hell no.
But I bet a bunch of people didn’t even notice .
Sneaky bastages
The 16th amendment was also originally sold as tax on rich. Only the top 2% will pay taxes, just small contribution by the very rich!
Then, once they got the foot in the door, it snowballed to like mere-less everybody must pay, and to the 70% bracket!
Nothing infuriates the democrats more then you keeping your money.
We have loopholes comrades
When they need more “revenue”, they have the county assessors office hyper-inflate the “assessed value” of each home and money magically appears. It like manna from heaven.
I look forward to the hopefully very near future when the unfortunate populations of red states realize that there is a “Mussolini Solution” to their problems. Video it as a ‘historical document’.
bookmark
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If you voted for the Democrats.....PAY UP!