Don't argue something the GP didn't say.
There are plenty of other taxation schemes that are progressive and more durable and effective than a wealth tax.
The main reason we're here is because talking about reforming Prop 13 is political suicide, even if that's the best way to fix CA's budget.
But, you're right, when someone suggests that we poor are just envious of the ultra-rich and that is why we want to tax them, I assume that they think we ought to look elsewhere than the wealthy for taxes. Which kind of suggests tilting toward a more regressive, less progressive tax system.
Introduce a ballot measure that removes the allowances of Prop 13 on retail real-estate and I suspect you'll find it's not political suicide at all.
flenserboy · · focus · HN ↗
JKCalhoun · · focus · HN ↗
kelnos · · focus · HN ↗
There are plenty of other taxation schemes that are progressive and more durable and effective than a wealth tax.
The main reason we're here is because talking about reforming Prop 13 is political suicide, even if that's the best way to fix CA's budget.
JKCalhoun · · focus · HN ↗
But, you're right, when someone suggests that we poor are just envious of the ultra-rich and that is why we want to tax them, I assume that they think we ought to look elsewhere than the wealthy for taxes. Which kind of suggests tilting toward a more regressive, less progressive tax system.
Introduce a ballot measure that removes the allowances of Prop 13 on retail real-estate and I suspect you'll find it's not political suicide at all.