Classic corpo democrat, looking out for the elite and leaving the rest of the constituents to suffer. Fuck that tool. Prime example of "both sides are bad" politician.
this post was submitted on 12 Jun 2026
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Aren't retirement accounts already exempt from taxes unless you withdraw early?
This is an obvious shield for billionaire assets.
Good! When I open my "Torch and Pitchfork Emporium" they won't be able to tax me while I am helping the citizens bring about their downfall! /s
I don't care where the money goes. I would vote for it if all it did was light billionaire cash on fire.
I would vote for it if all it did was light billionaires ~~cash~~ on fire.
Billionaires will keep doing whatever they want as long as they never face consequences. Seems like the people are going to have to take inflicting consequences into our own hands.
Well, the upper class left us no choice, so fuck em as hard as they fucked all those little kiddies!
I agree and I wish a critical mass of others agreed.
Too many people think voting and diplomacy will solve things.
We are too far gone for that.
IF we had gone too far the GOP wouldn't be spending hand over fist to keep people from voting. The dems wouldnt need to pressure a union leader to drop a wealth tax if we were too far it would just be dropped.
The amendment defines Retirement holdings, individually-owned assets, and other forms of personal savings to include "pensions; retirement accounts, including but not limited to 401 (k) accounts, 403(b) accounts, and all other individual retirement accounts; mutual funds; and all personal property, whether tangible or intangible, including but not limited to financial assets, investment accounts, business interests, digital assets, intellectual property, personal belongings, and other assets used to produce or collect income or savings for retirement or financial planning."[1]
The initiative contains a competing measures provision stating that, if this initiative receives more votes than the competing measure, it would prevail in its entirety over any other measures on the 2026 ballot related to taxing personal assets.[1]
So it's outlawing taxes on any form of property. Yep, the prop name about retirement accounts and format is totally a lie to prevent a billionaire tax.
Watch out for this one, as well. This is a potential proposition which claims to be protecting your retirement savings. In actuality, it exists to protect the assets of the wealthy.
Oh that's fucking shady. It opens with retirement but you read more and it's basically saying you can't tax anyone who owns anything, including things like business or stocks.
Ugh I bet it passes, props are a mistake when the population is so ill informed.
Yeah, I think this would cancel out the billionaire tax.
Truly a man of the people!