Posted on 01/07/2021 9:43:26 AM PST by John Semmens
Distressed at what a rising surge of out-migration is doing to the State's finances, Democrats in California are poised to make another run at enacting a wealth tax on these emigrants. Assemblyman Rob Bonta, sponsor of the wealth confiscation bill, acknowledged that "the right of persons to live wherever they want is a foundation block of a progressive society. That's why we need to erase our borders. However, this right does not extend to any property they might own. There is historic precedent for extracting an exit fee from those leaving a state. Notably, Germany had such a fee during the 1930s."
"A key progressive belief is that property belongs to the people collectively," Bona asserted. "Individuals may leave the state if they choose, but their money belongs to everyone who resides here. Our proposed legislation would clarify this principle by asserting the state's right to seize whatever portion of the wealth accumulated by emigres it needs and to authorize tax collectors to pursue whatever means necessary to return illegally removed money or other portable items of value like stocks, bonds, jewelry, rare stamps or coins, and precious metals back to the state."
State Senate Minority Leader Shannon Grove blasted the proposed legislation and characterized it as a "modern day return of the 1850 fugitive slave act. The people moving out of California have every right to take their hard-earned money with them. The escalating taxes, wasteful spending, and restrictions on freedom that have been championed by Democrats are powerful motivators for an exodus. No self-respecting person should be content to endure the financial enslavement Assemblyman Bona and his Democrat co-conspirators want to impose on everyone."
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