Proposition 40, which will be on the ballot in November, would impose a one-time, 5% tax on California’s 200 billionaires,
These fucks will do anything to avoid paying taxes…
with 90% of the revenue from the proposed measure going toward the state’s health care program and 10% going toward education, food assistance, and administration. Brin, with a net worth of nearly $260 billion, could owe about $13 billion as a result of the tax.
Can’t be contributing to “socialism” I guess? Get some of that $260 billion liquid and pay up, dickhead.
There is plenty of millionaires that want to be taxed more, billionaire wealth hoarders are psychopaths though
Plenty will say whatever is popular, then donate to candidates who do the exact opposite.
Millionaires aren’t really contributing, it would cost them more than what it’s worth, unless you are working towards billionaire level wealth
Millionaires aren’t really contributing
The multimillionaire used car dealer, the retired middle manager, and the seventh generation family money failson make up the backbone of the party going back to the Hoover Era.
Another rich tax cheat parasite like Zuckerberg and Musk.
That have so much wealth that they wouldn’t even notice and it would help with finding that were cut by Big Billionaire Bill. Including social net.
But yeah, fuck us, fuck our children and grandchildren.
If your are in California, please vote yes on prop 40, and vote NO on prop 41 and 42 (Trojan horses placed by Sergey that would block prop 40 even if it passes)
We need to make readily available MANPAD blueprints using easily obtained materials.
There is no private jet that shouldn’t be shot out of the sky. You don’t need billions to make rich people live in fear. You just need labor.
Me when capitalists try to make me work: fuck you; pay me.
Me when I have to work to end capitalism: oh boy, here I go again!
Time for some research on MANPADs.
molotovs are cheap(ish now) and easy
Use 99% rubbing alcohol instead, cheaper than gas and it’s invisible while burning
does vrown sugar make napalm still?
There is enough for all, the scarcity is fake and controlled by the wealthy, to maintain their place at the top, in this punching down system they invented. Read a summary of Democracy In Chains to learn more and all the propaganda they used to fool the public for decades with coordinated lies and distraction to keep their wealth and prejudice safe.
If this wins and not struck down or delayed for ages, it’s supposed to bring income over five years with delayed payments so they can sell stuff lol.
Imagine another headline for the same facts:
“Google cofounder so rich he could afford to pay $13 billion in taxes”
Or… and hear me out here… we take his money away from him and leave him in a deep pit on a small uninhabited island.
DON’T BUY THE BULLSHIT…YES ON 40.
And no on 41 and 42
And he’ll still be a billionaire after that.
Imaginary money. By this point, their only still a hpper class because the pedestal under them hasn’t collapsed.
I dont care how many billions he’s gonna lose
It’s literally a one-time 5% tax.
The more money they scream they’re gonna lose the more I can see them afford to pay
It shouldn’t be 1 time, it should apply every year
That likely isn’t sustainable, unless their wealth always grows back and exceeds the tax they paid, by the following year. Also, this sort of tax policy tends to have a negative impact on the speculation market that creates that growth in the first place.
I’m not defending billionaires here, I’m just highlighting the mathematics of doing it every year.
I’m aware, the point is to eliminate them as a class, not to make them sustainable.
Do they all just have the most generally punchable faces? Or do their faces just become our idea of what is punchable?
There seems to be a certain entitled smugness that always shows…
It is amazing the amount of money and effort Billionaires put into avoiding paying taxes. They aren’t hated enough.
A one-time money infusion is terrible policy. I support it because taxes should be re-distributive, but there is no way to budget a sustainable social policy that way. If the tax policy was more progressive and most importantly assessed annually (and nationally) it would be a huge win.
Could we just vote on it every year? Then it might be more resistant to corruption. Certainly not gratis and not perfect, though.
He already changed his tax residency before the cutoff so that he would owe $13b if the law passes is not really accurate
Maybe aim confused, but I thought the California billionaire tax was being applied based on historic address. So changing shouldn’t matter, no? Maybe I’m wrong.
The cutoff time was 2026-01-01. He changed his residency the month before.
So even this has a goddamn loophole they’re already exploiting
Well, Zuckerberg didn’t make the cut, so his billions are somewhat on the line.
Good, fuck him.
Welfare Queen
It’s just 5% of his wealth. Most people give anything from 20% to 50% of their annual income to taxes and will pay income taxes on all their retirement savings when they pull it.
I’d gladly pay 5% of my total wealth once in lieu of taxes. It’d amount to about $50. Granted all of society would grind to a fucking half if us workers weren’t paying taxes because the other leeches fucking aren’t.
Actually we’re counting debts so we have to pay you.
