'Thinking He Can Fool Everyone,' Newsom Backs One Billionaires Tax But Not Another | Common Dreams
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​"The misdirect here is that Newsom is opposing a WEALTH tax on billionaires in his own state and insisting he supports a new national INCOME tax on billionaires. But billionaires make money off non-income sources."
  • tacoplease@lemmy.world
    42·
    10 days ago

    Hear me out, but there might be a point here.

    If this tax goes federal, then there’s no way to escape it, other than to leave the country and not use its resources.

    If the state-level tax passes, the billionaires will shop for a friendly state to avoid it.

    Probably gonna get roasted but my two cents.