Democracy Matters :verified: on Nostr: Prop 40 is a ONE-TIME retroactive tax. It applies ONLY to billionaires and would tax ...
Prop 40 is a ONE-TIME retroactive tax.
It applies ONLY to billionaires and would tax just 5% of their wealth — which grew 30% in 2025.
California's billionaires would still be worth $2T+ AFTER the tax.
The revenue will fund healthcare for millions of Californians.
Vote YES.
#California #TaxBillionaires #USPol
Published at
2026-10-24 15:41:17 UTCEvent JSON
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"content": "Prop 40 is a ONE-TIME retroactive tax.\n\nIt applies ONLY to billionaires and would tax just 5% of their wealth — which grew 30% in 2025.\n\nCalifornia's billionaires would still be worth $2T+ AFTER the tax.\n\nThe revenue will fund healthcare for millions of Californians.\n\nVote YES.\n\n#California #TaxBillionaires #USPol",
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