This is stupid. We are forcing those rich people to sell their stocks and bonds to pay for this new tax. Their portfolios aren’t created equal. Some rich person might be able sell easy without much loss, like they own “Nvidia”. Others, own like “GitLab” and “Dropbox”. Also, the buyers will have advantage when the seller is forced to liquidate. The discount could between 0% to 10%. This can drop prices overall depending on how the portfolios are concentrated. Additionally, this is potentially a way to pass “over valued” assets to idiots. Their guard is lowered because you’re “forced” to sell.
What using income taxes wasn’t good enough? Just fucking increase the %.
They keep deporting our “tax slaves”. They been all been brainwashed to ignore the economic consequences. I’m a government worker and those “tax slaves” are needed to keep paying taxes to support my job. Most of the time these folks get paid below minimum wage and that helps keep grocery prices down nationwide. It’s a win-win for all Americans. Also, they have babies, which are naturalized, not just legally, but they integrate socially into the worker class. Typically, they have less support because their parents have no benefit , which will give my children an edge for exploiting them economically.
@CA_Dem Fucking Xavier didn’t even show up for his Sunday interview. They just replayed clips from his last interview. He’s not ready to be Governor. Maybe, he just needs a few more decades in public service.
@DrPanMD “Californians” are “American Citizens residing in California” so maybe 4 million is a little high of an estimate.
But don’t give yourself a pat on the back too hard, you do you think is paying for the Medi-Cal expansion? We have to match that money on the state level.
@XavierBecerra Protect from Donald Trump? Dude- I’m not afraid of him. I’m afraid of our state legislature. What they going to hatch up next for us? New taxes, fees, and restrictions. I wanted to work with a private company to work on my VA Compensation- they fucking made that illegal.
@DrPanMD No, California families are struggling because of “higher price growth” compared with the rest of country. The state tries to spin this as economic growth- it ain’t.
@CAgovernor@ZavalaA Sir, the DOJ has been monitoring elections since 1960s. They just take notes and don’t interfere.
It’s kind of sounds like you’re trying to intimidate election workers from providing information to the monitors, voluntarily.
Nope. I ain’t voting for you. First, I don’t want to pay a gas mileage tax. Second, Gavin and the rest of Democrats betrayed us with RTO. The state legislature wrote the telework fix bill to make telework cost the state something. They don’t like telework. It lowering property tax revenue. Perhaps, if they were honest about it- I give them a pass. Not this time.
@sacbee_news Fuck Mai Vang. If she is too good to say the pledge of allegiance, then she too good to represent Americans in Congress. She is an embarrassment to Sacramento.
@Elizabeth_NL@GavinNewsom Yeah, I’m sorry about the EU collapsing. It’s going to be a rough for few decades ahead. Things look really bad over there. At least, most of immigrants into the US are from Latin American countries, good Christian people. Showers of blessings to the US.