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To: hsmomx3

This is how CA started their march to Socialism back 25 years ago.


5 posted on 08/19/2020 8:51:33 PM PDT by Zathras
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To: Zathras

That is child play in California.

There are some bills currently going through the legislature that would raise the top income tax bracket to 16% plus they want to install a first in the nation wealth tax with a 10 year retroactive clause. Meaning if you leave the state when the wealth tax passes you’re still on the hook to California for another 10 years.

Or if you left California 3 years ago, you suddenly owe California the wealth tax for another 7 years! How can this possibly be constitutional is beyond me. The tax kicks in if you have over $15 million in assets (single filer) or $30 million for joint filers.


8 posted on 08/19/2020 9:30:59 PM PDT by aquila48 (Do not let them make you care! Guilting you is how they control you.)
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