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Comment by JKCalhoun

2 days ago

You prefer a regressive one?

Don't argue something the GP didn't say.

There are plenty of other taxation schemes that are progressive and more durable and effective than a wealth tax.

The main reason we're here is because talking about reforming Prop 13 is political suicide, even if that's the best way to fix CA's budget.

  • I wasn't arguing—asking.

    But, you're right, when someone suggests that we poor are just envious of the ultra-rich and that is why we want to tax them, I assume that they think we ought to look elsewhere than the wealthy for taxes. Which kind of suggests tilting toward a more regressive, less progressive tax system.

    Introduce a ballot measure that removes the allowances of Prop 13 on retail real-estate and I suspect you'll find it's not political suicide at all.