Roughly 220 billionaires reside in California. They employ roughly 10 million people. If a wealth tax passes, everyone with a billion-dollar idea will think twice about whether they want to build that business in California. But that isn’t even the most dangerous part.
When this turns out to raise less money than expected, the bar will be lowered to $100 million. Then $50 million. Then $10 million. Then $1 million. They’ll call it “the millionaire tax.” And since ~80% of the California population isn’t a millionaire, they’ll vote it into existence because “it doesn’t affect them.”
But many of those “millionaires” are providing jobs. Housing. Innovation. Buying products and services. They’re a net economic benefit. If you discourage them from living in California, they will leave. Then it becomes a downward spiral where they have to tax everyone else to stay afloat.
Not saying the system is perfect. But a simpler solution might simply be: spend less money and encourage more people to move back / create a billion dollar idea.
"Until you are a head coach, you really don't understand all that goes into it...you really just respect people who have done it as well for as long as Coach Ferentz has done it."'
Jay Norvell spent most of the last decade as a head coach, but is back home with @HawkeyeFootball.
Youth sports are usually a waste of time, money, and energy. They replace free play, exhaust families, dominate weekends, and frequently outrank church and family time.
@TheRickWebster This is going to be the future for “developmental” programs like Iowa. lower levels will become the minor leagues. These guys will show proof of concept at that level and become finished products for the league at Iowa. I’d also look at Trinidad Chambliss. That worked out well
happy 24th anniversary for “that time Creed went HAM at the NFL Thanksgiving Halftime Show and a jacked shirtless acrobat was flying through the air because why not” to all that celebrate
@Hassel_Chris I love Grono as a football guy, but can yall please discuss his inability to hit wide open WRs on basic 3 and 5 step drops? That’s all I want, a QB that can make throws. Also, how many TDs does Kaleb Johnson have today? Moulton and Jazz need to unhitch the wagons!
@Hassel_Chris Could y’all please address the inability to manage 2 minute drills from Kirk? He left three time outs on the board, with a friggen brand new QB. My 6 year old runs a better 2 minute drill in Madden 99 on Super Nintendo than Kirk does