Midway through this summer, a high-quality poll found that Democrats in California were overwhelmingly in favor of the upcoming ballot measure for a one-time 5% tax on billionaire wealth.

The ratio was more than 4 to 1. But the state’s most powerful Democrats – including the governor Gavin Newsom, his near-certain successor Xavier Becerra and the Los Angeles mayor Karen Bass – have lined up with Silicon Valley billionaires who’ve raised upward of $340m to defeat the initiative.

you are viewing a single comment's thread
view the rest of the comments
[–] 10 points 6 days ago (3 children)

That's way too high. Should be 100% over 250 million

  • source
  • parent
  • hideshow 3 child comments
  • I'd have to look at what the equivalent is when they taxed the shit out of millionaires back in the day, I didn't take the time to calculate CPI and figure out what the equivalent would be to be "fair" so I just made something up that sounded close.

  • source
  • parent