General Discussion

TheRickles

(3,140 posts)

42. Massachusetts was warned that the wealthy would flee if a wealth tax was instituted.

Tue Dec 30, 2025, 01:20 PM

2 hrs ago

But it has worked out fine since its passage in 2022, with billions of dollars more now available for the public good each year, and actually more ultra-wealthy living in MA since it passed.

https://www.nbcboston.com/news/politics/data-shows-mass-is-home-to-more-millionaires-despite-new-surtax-according-to-advocates/3698430/|

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

mopinko

48 replies

= new reply since forum marked as read

Highlight:

Gavin Newsom warned that billionaires will 'permanently relocate' if California wealth tax passes [View all] CoopersDad 5 hrs ago OP

Don't let the door slap you on the ass on your way out, parasites. Ocelot II 5 hrs ago #1

You beat me to it SheltieLover 3 hrs ago #27

I guess that will open housing for people who pay taxes. NT Gore1FL 5 hrs ago #2

Newsom's response should be: CousinIT 5 hrs ago #3

Newsom dweller 5 hrs ago #8

Ugh karin_sj 4 hrs ago #23

Ugh. CousinIT 3 hrs ago #26

Better get the nose clips ready. BannonsLiver 3 hrs ago #30

They would have to move in the next day to avoid the retroactive tax? newdeal2 5 hrs ago #4

The BILLIONAIRE Class have become the WHINER class. ProudMNDemocrat 5 hrs ago #5

It is called greed Stargazer99 5 hrs ago #6

I think they should whine louder and more publicly EYESORE 9001 4 hrs ago #20

They always have been Johonny 4 hrs ago #22

Make it a National Law, save SS Law. multigraincracker 5 hrs ago #7

Yes! SheltieLover 3 hrs ago #28

"So, what's the bad news?" nt Buns_of_Fire 5 hrs ago #9

Good Riddance! NT Daigan 4 hrs ago #10

I honestly think a majority would gladly have the Kardashians (and of course, Musk) depart California... hlthe2b 4 hrs ago #11

Contribute to the common good or goodbye. C_U_L8R 4 hrs ago #12

Money hoarders UpInArms 4 hrs ago #13

"Sometimes the coppice needs to be cleared lest it becomes a hedgerow." Hugin 4 hrs ago #14

Hey MAGA, it's not the immigrants who are ruining America! It's the billionaires! Initech 4 hrs ago #15

Bye.. .... Lovie777 4 hrs ago #16

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

Link? nt drmeow 3 hrs ago #32

New York Times: Jose Garcia 3 hrs ago #34

I keep hearing that they don't pay any taxes anyway MichMan 2 hrs ago #43

Feels like a poison pill measure designed to get GOP Johonny 4 hrs ago #18

It could probably get renewed every 5 years MichMan 3 hrs ago #38

They are his peeps though Blue Full Moon 4 hrs ago #19

Good riddance, assholes! karin_sj 4 hrs ago #21

California will be better without them. spanone 4 hrs ago #24

Are you sure about that? pcdb 1 hr ago #48

They won't leave. intheflow 4 hrs ago #25

As long as they take Zuckerberg with them Retrograde 3 hrs ago #29

Wealth Taxes should be at the Federal level not State level walkingman 3 hrs ago #31

Spiro is a F'ing con man. haele 3 hrs ago #33

Spiro is a scumbag Hassin Bin Sober 2 hrs ago #46

Silly billionaires. hunter 3 hrs ago #35

California will be better off when these leeches leave. bluestarone 3 hrs ago #36

Not a good idea jonstl08 3 hrs ago #37

Of course they will? OC375 2 hrs ago #39

50 million dollars one time kwolf68 2 hrs ago #40

So California will lose the tax money of people who don't pay taxes? LostOne4Ever 2 hrs ago #41

Massachusetts was warned that the wealthy would flee if a wealth tax was instituted. TheRickles 2 hrs ago #42

How will the government determine how much they owe? MichMan 2 hrs ago #44

The low cost of living has never been a reason to live in California. Buddyzbuddy 2 hrs ago #45

I hope they don't come to my state. BoomaofBandM 2 hrs ago #47