Liberal Forum

– California’s Wealth Tax Proposal...


To plug the gaping holes and keep struggling government programs afloat, Silicon Valley’s billionaires could be forced to pay the tab. A new one-time 5% wealth tax on the assets of Californians worth more than $1 billion as of Jan. 1, 2026, is being floated ahead of November’s statewide ballot. If approved by voters, the bill would be due in 2027, with the option of making payments over five years. 

The levy would target stocks, real estate, pensions, retirement accounts, and private company shares. The money would then be allocated to a special fund, with the revenues used mainly on health care, education, food assistance, and administration.

“It’s not something to be panicked about, but it’s part of the broader concern and narrative that’s developed in this country of the haves and have-nots, not just income inequality, but wealth inequality,” Guvna hair gel told an audience at The New York Times DealBook conference earlier this month...

Billionaire investor Bill Ackman warned that California is presently “on a path to self-destruction.” Palmer Luckey, cofounder of the defense tech startup Anduril, recently took to X to warn that this proposed wealth tax could prompt founders and capital to leave California. “I made my money from my first company, paid hundreds of millions of dollars in taxes on it, used the remainder to start a second company that employs six thousand people and now me and my cofounders have to somehow come up with billions of dollars in cash,” Luckey wrote on X.

https://www.libertynation.com/schadenfr ... -proposal/

John Lennon's "Instant Karma" comes to mind...  
 

I saw the other day..

Single payer tax payer pay 6 times the tax revenue of corporations.

I realize the corps pay people and they pay income tax so the corp is technically paying the tax. But on the other side, the corps are jacking up the prices

I'd Love to Change the World.. Ten Years After. Great classic rock song.

The Song is 50 years old. The lyric: "Tax the rich, till there are no rich no more" has examples of revolutions throughout history. I am not Bolsheviking with you. We have been slaves to the new world order since the Rothchilds.

ROG62 » 05 Jan 2026, 1:45 am » wrote: ↑

05 Jan 2026, 1:45 am

– California’s Wealth Tax Proposal...

To plug the gaping holes and keep struggling government programs afloat, Silicon Valley’s billionaires could be forced to pay the tab. A new one-time 5% wealth tax on the assets of Californians worth more than $1 billion as of Jan. 1, 2026, is being floated ahead of November’s statewide ballot. If approved by voters, the bill would be due in 2027, with the option of making payments over five years. 

The levy would target stocks, real estate, pensions, retirement accounts, and private company shares. The money would then be allocated to a special fund, with the revenues used mainly on health care, education, food assistance, and administration.

“It’s not something to be panicked about, but it’s part of the broader concern and narrative that’s developed in this country of the haves and have-nots, not just income inequality, but wealth inequality,” Guvna hair gel told an audience at The New York Times DealBook conference earlier this month...

Billionaire investor Bill Ackman warned that California is presently “on a path to self-destruction.” Palmer Luckey, cofounder of the defense tech startup Anduril, recently took to X to warn that this proposed wealth tax could prompt founders and capital to leave California. “I made my money from my first company, paid hundreds of millions of dollars in taxes on it, used the remainder to start a second company that employs six thousand people and now me and my cofounders have to somehow come up with billions of dollars in cash,” Luckey wrote on X.

https://www.libertynation.com/schadenfr ... -proposal/

John Lennon's "Instant Karma" comes to mind...

Send in the Jews...

DeezerShoove » 05 Jan 2026, 7:10 am » wrote: ↑

05 Jan 2026, 7:10 am

Send in the Jews...

To take the place of the clowns?

JohnnyYou » 05 Jan 2026, 5:06 am » wrote: ↑

05 Jan 2026, 5:06 am

I saw the other day..

Single payer tax payer pay 6 times the tax revenue of corporations.

I realize the corps pay people and they pay income tax so the corp is technically paying the tax. But on the other side, the corps are jacking up the prices

I'd Love to Change the World.. Ten Years After. Great classic rock song.

The Song is 50 years old. The lyric: "Tax the rich, till there are no rich no more" has examples of revolutions throughout history. I am not Bolsheviking with you. We have been slaves to the new world order since the Rothchilds.

you need to keep reading your fake news and report back to us how dumbed down you are from it

you've really come a long way with it so far

nefarious101 » 05 Jan 2026, 7:38 am » wrote: ↑

05 Jan 2026, 7:38 am

you need to keep reading your fake news and report back to us how dumbed down you are from it

you've really come a long way with it so far

I wished he could go back to work again......he does a lot less damage wiring up exploding HVAC systems.

 

RebelGator » 05 Jan 2026, 7:43 am » wrote: ↑

05 Jan 2026, 7:43 am

I wished he could go back to work again......he does a lot less damage wiring up exploding HVAC systems.

He can't go back to work....DEI and Affirmative Action is either dead or ruled unconstitutional

 

RebelGator » 05 Jan 2026, 7:34 am » wrote: ↑

05 Jan 2026, 7:34 am

To take the place of the clowns?

I was about as serious as you are   

There are some that would, given a chance, see Jews as the cause of everything.
I see things more like events can be just serendipitous opportunities of which people take advantage.
It happens, ya know. Not all things are the result of conspiracy.

It's fun to plug "Jews" into a thread just to see who bites.  

DeezerShoove » 05 Jan 2026, 11:59 am » wrote: ↑

05 Jan 2026, 11:59 am

I was about as serious as you are   

There are some that would, given a chance, see Jews as the cause of everything.
I see things more like events can be just serendipitous opportunities of which people take advantage.
It happens, ya know. Not all things are the result of conspiracy.

It's fun to plug "Jews" into a thread just to see who bites.

Mine was a reverse bite from the norm.  

DeezerShoove » 05 Jan 2026, 7:10 am » wrote: ↑

05 Jan 2026, 7:10 am

Send in the Jews...

           

ROG62 » 05 Jan 2026, 1:45 am » wrote: ↑

05 Jan 2026, 1:45 am

– California’s Wealth Tax Proposal...

To plug the gaping holes and keep struggling government programs afloat, Silicon Valley’s billionaires could be forced to pay the tab. A new one-time 5% wealth tax on the assets of Californians worth more than $1 billion as of Jan. 1, 2026, is being floated ahead of November’s statewide ballot. If approved by voters, the bill would be due in 2027, with the option of making payments over five years. 

The levy would target stocks, real estate, pensions, retirement accounts, and private company shares. The money would then be allocated to a special fund, with the revenues used mainly on health care, education, food assistance, and administration.

“It’s not something to be panicked about, but it’s part of the broader concern and narrative that’s developed in this country of the haves and have-nots, not just income inequality, but wealth inequality,” Guvna hair gel told an audience at The New York Times DealBook conference earlier this month...

Billionaire investor Bill Ackman warned that California is presently “on a path to self-destruction.” Palmer Luckey, cofounder of the defense tech startup Anduril, recently took to X to warn that this proposed wealth tax could prompt founders and capital to leave California. “I made my money from my first company, paid hundreds of millions of dollars in taxes on it, used the remainder to start a second company that employs six thousand people and now me and my cofounders have to somehow come up with billions of dollars in cash,” Luckey wrote on X.

https://www.libertynation.com/schadenfr ... -proposal/

John Lennon's "Instant Karma" comes to mind...

"on a path to self-destruction."


Yep...that's the dems.

roadkill » 06 Jan 2026, 1:19 am » wrote: ↑

06 Jan 2026, 1:19 am

"on a path to self-destruction."

Yep...that's the dems.

Interestingly, the article goes into all of the other countries that tried and failed miserably...

there's just something about fixing stupid...