Comment by xp84
2 days ago
Not sure if anyone could get such a policy change made given that California politics is now just "Whatever the California Democratic Party Wants" and they are very rigid in the ideas they accept.
But I think the proposal being discussed is 1000% more consistent with the principles of a free, non-communist society than the crazy "wealth tax," which sets the precedent that if the government thinks you have "too much" stuff, they can just declare that to be so, and come and take it. Given that the people in charge of drawing the line between "so rich that we need to take your stuff" and "not that rich" will be the same people who have blown up the state budget, I don't see why anyone would trust them.
(No, I'm not Zuck's sock puppet account -- I expect it won't be my turn for "wealth" confiscation for at least 5 years, worst case.)
You’re just carrying water for him. Zuckerberg is a winner. Zuckerberg and the other 214 billionaires in California will be fine you don’t have to suck up to them they’ll be ok a billion times over.
They won't BE in California to be taxed, which will only accelerate all our turns.
wealth taxes are from the old roman republic. the wealthy showed off their worth to each other by how much they could pay in taxes.
its not particularly crazy and is far older than communism or socialism which have the much more straightforward setup of seizing the means of production rather than taxing it.
however, it didnt stop the ultrawealthy from seizing power for themselves