Prop. 40’s failure points to the tax California already pays for its wealth: Politics overrun by money
Prop. 40’s failure points to the tax California already pays for its wealth: Politics overrun by money
The playbook for defeating the the billionaire tax was simple: Stoke economic fears and confuse Californians.
Note
seems like the playbook for proposition 13 has resurfaced, but this time its not disguised as political philosophy, but rather personal philosophy.
you win this time billionaires.
again.
truth be told, it was a flawed proposition and one that belongs as a federal mandate.
but it would have been nice for California to lead the way.
but California cant be pinned down. its a big state, with a tough history and a tougher future.
and they will keep trying, because its worth it and thats what it takes for all of us to call this great state home!
Published
2026
Summary
The playbook for defeating the the billionaire tax was simple: Stoke economic fears and confuse Californians.
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