California's Billionaire Tax Has the Signatures to Make the Ballot, Backers Say

3 hours ago (wsj.com)

One-time taxes are dumb. The organizers of this tax should have the confidence of their arguments to make them permanent, or they shouldn't do it at all.

  • I guess that by the time a tax had been applied once, the targets would have worked out a way to avoid it anyway.

    Apparently, in old Athens, not only were taxes one off, but they were explicitly targeted too, like "It's about time the Alcmaeonids pay for a festival again."

  • So we should stop the one-time tax paid low interest loans to companies too? Or should billionaires pay their fair share.