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In reply to the discussion: Gavin Newsom warned that billionaires will 'permanently relocate' if California wealth tax passes [View all]LostOne4Ever
(9,733 posts)41. So California will lose the tax money of people who don't pay taxes?
So California will lose the tax money of people who dont pay taxes?
I dont see the downside. The wealth leeches leave and prices on housing goes down. Win-win.
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Gavin Newsom warned that billionaires will 'permanently relocate' if California wealth tax passes [View all]
CoopersDad
5 hrs ago
OP
I honestly think a majority would gladly have the Kardashians (and of course, Musk) depart California...
hlthe2b
4 hrs ago
#11
Hey MAGA, it's not the immigrants who are ruining America! It's the billionaires!
Initech
4 hrs ago
#15
The state of California's economists have projected that this tax would result in a net loss of revenue
Jose Garcia
4 hrs ago
#17
Massachusetts was warned that the wealthy would flee if a wealth tax was instituted.
TheRickles
2 hrs ago
#42