RE: https://c.im/@cdarwin/117368389650768955
Nobel winner Paul Krugman, one of the signers, alerted his followers to the most important aspect of the billionaire tax a few months ago.
It's a tax on wealth, not income, and would be one of the world's first, a precedent that could spread and make them pay up worldwide. Thats why they're in such a panic.
Be sure to vote "yes" on 40, and "no" on 41 and 42, red herrings designed to neutralize 40.
Six Nobel-winning economists released a letter supporting the California Billionaire's Tax.
The laureates point out that California billionaires are worth an estimated $2.3 trillion — yes, that’s trillion — up from $700 billion, an increase of more than 220% in one decade.
They can afford it
#prop40 #billionairetax
https://fortune.com/2026/09/19/california-billionaire-wealth-tax-prop-40-movement-more-states-federal-government-other-countries/
