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California Commentary: California is not East Berlin A wealth tax in California would expedite the exodus

California Commentary: California is not East Berlin A wealth tax in California would expedite the exodus
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Los angelesUnited statesSan franciscoGavin newsomLos angeles timesAssembly revenueTaxation committeeCalifornia legislatureUs supreme courtSan francisco chronicleAssembly billLegislative analystWall street journalFifth amendment

Gavin Newsom goes on defense over California Democrat s wealth tax Why it s a political move

“If he were to support tax increases and run for president in 2028, that would be a leading Republican attack point,” one political expert said.

United statesThousand oaksClaremont mckenna collegeJoe pattersonJacqui irwinCynthia morenoAlex leeJohn pitneyGavin newsomKyle kondikD san joseRon desantisCalifornia democratic partyTaxation committeeAssembly speaker robert rivasAssembly revenue

California is likened to EAST BERLIN over democratic socialist lawmaker s attempt to impose wealth tax on its richest residents even if they try to leave the state to escape it

The lawmaker proposed a one percent yearly tax rate on individuals with a net worth of more than $50million.

Alameda countyUnited statesOrange countyGavin newsomEvan lowHenry sternAlex leeJon coupalTaxation committee onAssembly districtAssembly revenueOrange county registerBay areaEast berlinOrange county register stateColumnist jon coupal

California is not East Berlin A wealth tax in California would expedite the exodus

The U.S. Constitution will not allow the state government to build a wall to keep citizens in, and then shoot tax bills at them when they try to escape.

San franciscoUnited statesLos angelesCalifornia legislatureTaxation committeeLos angeles timesAssembly revenueUs supreme courtSan francisco chronicleAssembly billLegislative analystWall street journalFifth amendment

California is not East Berlin A wealth tax in California would expedite the exodus

The U.S. Constitution will not allow the state government to build a wall to keep citizens in, and then shoot tax bills at them when they try to escape.

Los angelesUnited statesSan franciscoLos angeles timesTaxation committeeAssembly revenueUs supreme courtCalifornia legislatureSan francisco chronicleAssembly billLegislative analystWall street journalFifth amendment