“extremely wealthy” california households currently pay 50% of the state’s total income tax. punitive “fuck rich ppl” tax increases may play well with voters, but even a fraction of our wealthiest tax payers leaving the state (inevitable) will be catastrophic.https://twitter.com/CommitToEquity/status/1291730311982780417 …
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what's a "fair share" to pay is a subjective question. whether a few unelected people should have effective veto power for a state of 40 million people, as you describe, is a little easier to answer, if you believe in popular government. So how do you prevent that?
literally the tax policy you are defending is the reason this dynamic existshttps://twitter.com/sdamico/status/1291817373540839424?s=21 …
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as someone who despises Prop 13 and its effects, it's a surprise to me to learn I was defending Prop 13
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@jeffbercovici “unelected people”—what are you talking about?? These billionaires have money because people voted with their money in real-time, as they offer products and services that make people’s lives better. It was a voluntary exchange.
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