Comment by ggfdh

Comment by ggfdh 4 days ago

3 replies

> That left a roughly $20 billion annual shortfall in California’s health-care budget. … In response, one of the state’s largest health-care-employee unions teamed up with a group of progressive economists and lawyers to come up with a way to make up the difference: impose a one-off 5 percent wealth tax on California’s billionaires.

It’s wild how dominant this proposal is. Not reducing costs. Not cutting benefits. Not a broader tax increase. Not a combination of ideas. Just “f*k these guys in particular.” If this is what passes for governance in California I’d leave too.

thunderfork 4 days ago

Why would a state's worth of people give up health care so that billionaires could retain more assets?