California’s Billionaire Tax Will Accelerate Its Own Demise
The revenue base is already fragile – California’s top 1% of earners shoulder 39% of all personal income tax collections
The revenue base is already fragile – California’s top 1% of earners shoulder 39% of all personal income tax collections
How many times can it be called ‘fair’ to tax the same money?
We started with the governor’s race…
No doubt the panic over the Billionaire Tax is palpably greater today
As the old adage goes, ‘money moves’ — and right now, it’s moving east in direct response to Sacramento’s latest tax grab
Bringing back ‘TAX THE PRIVILEGED’ for ‘budget balancing revenue’
Wealth taxes have failed repeatedly elsewhere, and California is already seeing the preview
This is not a tax — this is asset seizure
‘It’s a 5% across-the-board confiscation of net worth’
IRS Study shows California is losing a taxpayer every minute to states like Florida, Texas, and North Carolina