this post was submitted on 03 Nov 2026
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The prevalence of "no on prop 40" here in CA was wild. Especially since its such a no brainer of a proposition it doesnt need a counter campaign. The big argument against it is that if they can tax billionaires, they could tax the normals too. Its so out of touch the campaign forgot that normal people get taxed all the fucking time. We literally vote for new taxes. Its such a wild concept for the rich.
That's the exact argument we got (*meaning, WA state has a millionaire tax that the billionaires are trying to repeal)! It's hilarious.
"Will they stop at millionaires?!" We might go a little lower, but yeah, not much.
We vote in new taxes for ourselves all the time. They act like it doesnt come out of our pockets all the time. Its just a nonsense argument.
Hell, I get taxed on projected value of my household, which has often increased. I already get taxed on “unrealized gains.”