of assets exceeding $20 million.
Why not build one of these....
None needed along the boarder of Mexico, of course...
Mr. Schwarzenegger, tear down that wall...
Old news. Originally proposed in the 1850's by an obscure professor by the name of K. Marx.
Dude was mad as a hatter and ignored by everyone except a few French loonies.
Funny how it keeps coming up.
are there accurate numbers on the wealthy that have removed themselves from california?
They are just copying NY...
This is probably more a ego trip for the submitters. You need some serious cash to pay signature gathers. If you look at the actual text among the goals of this prop is to use the tax money to buy majority shares of oil companies, Ford and GM and investment banks so these companies would be forced to go green. I think this prop is even too much for the public sector unions or Silicon Valley to pay signature gathers for.
Becoming more and more socialist all the time....
I’m moving. F California.
“California Activist Proposes Wealth Tax and Probably Unconstitutional Exit Tax “
EXIT TAX?? Give me a break! They want to charge me if I leave? How ‘bout an “Entrance TAX” for illegal aliens...we’d be in the black in a year!
What a bunch of morons.