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return2ozma@lemmy.world to Progressive Politics@lemmy.world · 3 days ago

The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax

www.theguardian.com

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The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax

www.theguardian.com

return2ozma@lemmy.world to Progressive Politics@lemmy.world · 3 days ago
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  • cross-posted to:
  • politics@lemmy.dbzer0.com
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Tech billionaires have raised more than $340m to defeat Prop 40, a one-time 5% wealth tax that will fund healthcare and education
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  • A_norny_mousse@piefed.social
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    3 days ago

    It isn’t even a continuing tax, which would be the just thing. 5%, only once. Once! To help this shithole country get back on track (yes I know it’s California only).

    But that’s already too much nuance for the masses.

    And those rich fuckers, never in their lives touched by anything even remotely resembling morals or ethics, calculate how much money they can throw at the “problem” before it becomes easier to just pay up. Hint: a lot. 5% of even only one measly billion?

    I truly hope they spend the full amount they calculated, and then the law still goes through. Fat chance, but there is hope.

  • gravitas_deficiency@sh.itjust.works
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    3 days ago

  • Z745812939054@lemmy.zip
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    3 days ago

    this is the reason people fucking hate greedy filthy rich people

  • SnarkoPolo@lemmy.world
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    3 days ago

    Conservatives are poised to do very well in California. The billionaire tax is going down, public services defunded, and a draconian voter ID law is about to pass in a landslide. And Asshole Jim Desmond will be Trump’s bitch in the House.

  • TribblesBestFriend@startrek.website
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    3 days ago

  • potpotato@lemmy.world
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    3 days ago

    And they will still be stupid rich…

    https://www.nber.org/system/files/working_papers/w35218/revisions/w35218.rev0.pdf

  • Treczoks@lemmy.world
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    3 days ago

    Now you have the duty to make them spent it in vain.

  • BestBouclettes@jlai.lu
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    3 days ago

    A lot more then they would actually pay under such a law

  • jumping redditor [they/them]@sh.itjust.works
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    3 days ago

    shocked they aren’t spending more

    • Drusas@fedia.io
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      3 days ago

      All signs point to Newsom being likely to veto it, anyway.

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