.@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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You should read
@gabriel_zucman's book if you are further interested in proponent's arguments.Thanks. Twitter will use this to make your timeline better. UndoUndo
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