.@GavinNewsom won’t sign a wealth tax. It’s a statement bill. 70% of the state’s $ come from personal income tax and 50% of that comes from the top 1%. You’d nuke the tax base and it’s better administered federally anyway. https://twitter.com/jeremybwhite/status/1294375279280812032?s=21 …https://twitter.com/zebulgar/status/1295953150877212673 …
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Replying to @kimmaicutler @GavinNewsom
Did this happen when we passed Brown’s high income tax? No need for speculation when we presumably have actual data.
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Replying to @eparillon @GavinNewsom
@cristobalyoung5 ran a study on it and found not really for 10+ years ago. I really do think this time is different though with widespread tools for remote work, and all the actual movement I'm seeing in my personal network.
9:23 AM - 19 Aug 2020
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