Post #2790192
2026-05-10 19:41 UTC
Replies (5)
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@TheTimeKnife@lemmy.world 2026-05-10 20:54
Some will, but why would California want to keep around useless leeches that take from local services and dont contribute to society at all? California is one of the most desirable locations for the rich to live on the planet. It is propaganda produced by morons that they dont have the power to cash in on that. Believe it or not, but these taxes will make california even more economically competitive as the money is reinvested into infrastructure and human capital instead of yachts. Its insane how badly conservatives have brain washed people into thinking looting public coffers for the rich is the only way to run an economy. Very few fled New York when Mamdani was elected, and almost nobody will do shit about California taxing the rich correctly.
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@DigDoug@lemmy.world 2026-05-10 20:43
They always threaten to, but they never actually do.
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@sin_free_for_00_days@sopuli.xyz 2026-05-11 01:16
You might think so, but that's not what happens. Also, fuck them if they won't pay their fair share. Good riddance to the fucking ghouls. > Such proposals have raised predictable outrage from the rich, along with threats that they’ll move elsewhere where taxes are lower and dire predictions that their fellow plutocrats will refuse to move in. > >Yet there’s scant evidence for these consequences. In fact, when Massachusetts passed a “millionaires tax” in 2023, conservatives claimed the rich would flee. But two years later, they haven’t — and Massachusetts has collected $5.7 billion for infrastructure and public education. > -[Robert Reich](http://www.smirkingchimp.com/thread/robert-reich/115331/a-wealth-tax-that-will-work)
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@zergtoshi@lemmy.world 2026-05-10 20:03
Do you think or even have proof that billionaires pay tax? They rather spend the money on ways that help them avoid doing so.
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@SaveTheTuaHawk@lemmy.ca 2026-05-11 15:26
Then you pass an exit tax law. Norway did this. 38%. Media is constantly telling us we need to succumb to blackmail of billionaires leaving.