By the way, it’s not a “wealth tax”. It’s a savings tax on assets and savings including property, collectibles, vehicles, and retirement accounts. The proposal is for $15m... but you know I’m a few it’ll be $12m, then $10m, $8m, $5m etc. In California, a net worth of $1m is considered middle class.
By the way, it’s not a “wealth tax”. It’s a savings tax on assets and savings including property, collectibles, vehicles, and retirement accounts. The proposal is for $15m... but you know I’m a few it’ll be $12m, then $10m, $8m, $5m etc. In California, a net worth of $1m is considered middle class.