return2ozma@lemmy.world to politics @lemmy.world · 2 days agoGavin Newsom opposes California ‘billionaire tax’ as he eyes 2028 White House bidnypost.comexternal-linkmessage-square144linkfedilinkarrow-up1218arrow-down18
arrow-up1210arrow-down1external-linkGavin Newsom opposes California ‘billionaire tax’ as he eyes 2028 White House bidnypost.comreturn2ozma@lemmy.world to politics @lemmy.world · 2 days agomessage-square144linkfedilink
minus-squarePhoenixz@lemmy.calinkfedilinkarrow-up2·4 hours agoAnything networh over 10 million should be taxed 100%. hard stop, hard cap. Companies too should now be able to grow beyond 1 billion in net worth. Anything over that, 100% tax NO MORE MULTIMILLIONAIRES! NOT ANYWHERE
minus-squareoopsgodisdeadmybad@lemmy.ziplinkfedilinkarrow-up1·60 minutes agoI meant to say 99% (probably should add the .99) of their net worth, as opposed to what was earned in the last year. I’m not trying to literally tax them to literal death, just back down to regular people levels. Make some kinda cutoff for retirement, but then impose a tax specifically for commercial interest purchases/expenditures.
Anything networh over 10 million should be taxed 100%. hard stop, hard cap.
Companies too should now be able to grow beyond 1 billion in net worth. Anything over that, 100% tax
NO MORE MULTIMILLIONAIRES! NOT ANYWHERE
I meant to say 99% (probably should add the .99) of their net worth, as opposed to what was earned in the last year.
I’m not trying to literally tax them to literal death, just back down to regular people levels.
Make some kinda cutoff for retirement, but then impose a tax specifically for commercial interest purchases/expenditures.