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Political Discussion
Reply to "California's Wealth Tax"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think there should be so many billionaires but this seems so ludicrous. 1. People can vote to say we are taking 5% of your all your wealth in 2025? Is there a limit, can voters get enough signatures to vote for taking 10% more in 2030 of every billionaire's wealth? 2. How do you even value all of someone's assets over a billion? They are all mandated to inform the government of every last penny they have? Many billionaires have assets like art which is hard to value or non-liquid assets. [/quote] These problems disappear of billionaires don't exist. "Too rich to tax" is an insane philosophy. [/quote] +1. These people owe their wealth to living in this country. They shouldn’t be able to hoard it for themselves. Or else they can just move to another country that will let them keep it all, I’m sure there are some lovely places. [/quote] +2 Millionaires are gluttons.[/quote] We're talking about billionaires and decabillionaires and hectabillionaires [/quote]
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