Not only did the billionaire tax fail in California, but prop 42, to amend the California constitution to forbid the introduction of taxes on personal property (investment accounts, art) for the wealthy in the future, backed by greaseball Gavin Newsom, seems to have passed.

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[–] 6 points 17 hours ago (3 children)

Personally, I think this should be a federal tax, not just a California or state tax so that there's nowhere for the roaches to hide.

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  • [–] 11 points 16 hours ago (2 children)

    Why not both? I have to pay state and federal taxes. So should they.

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