The Billionaire Tax is actually an Everyone Tax.
The Billionaire Tax is a new tax proposal written by four professors who don't believe in the American dream. Some of them aren’t even American…go figure.
Despite its name, it applies to every California resident who currently has assets or ever will.
The creators named it the Billionaire Tax so you would get into a froth andwouldn't look closely at what it actually does to you.
On page twenty-six, it explains how the government can convert to an Everyone Tax without voter approval.
They can also adjust the tax to be a yearly tax, not just one time…again, without your approval.
Here's how the tax would work: As a voter, you're being asked to approve a tax that would require you to:
1. list all your assets and the value of each, then submit them to the California Franchise Tax Board.
2. authorize the tax board to appraise your assets and confirm the value of each.
3. pay a penalty of up to forty percent of your tax bill if the board determines your reported value was too low in their opinion.
4. allow the tax board to subpoena your financial records from every one of your financial institutions for auditing.
This Everyone Tax runs 34 pages of shifty language describing how the government plans to take your assets. Read the fine print and decide for yourself.
If this were truly a billionaire tax, it would be 3 pages.
It’s 34 pages so that it can create the mechanisms to steal from all of you.
🚨 Here is the full 40 minutes of my crew and I exposing California fraud, Minnesota was big but California is even bigger... We uncovered over $170,000,000 in fraud as these fraudsters live in luxury with no consequences. Like it and share it, the fraud must STOP.
We ALL work way too hard and pay too much in taxes for this to be happening. These fraudsters have been able to defraud American taxpayers for years without any pushback from the public and politicians.
It is time to EXPOSE IT ALL and end America's fraud crisis.
@michelletandler I’m happy to hear your biggest childhood trauma was reliving a math test from 3rd grade. Consider yourself fortunate. Some people have experienced much much worse.
Believe in yourself! Never listen to critics who have never accomplished anything outside of criticizing those who have the courage to chase greatness! To risk failure! They are cowards and cowards should never deter you from your goals!