Not only did the billionaire tax fail in California, but prop 42, to amend the California constitution to forbid the introduction of taxes on personal property (investment accounts, art) for the wealthy in the future, backed by greaseball Gavin Newsom, seems to have passed.
Americans voted to protect their personal finances, they didn’t become socialist overnight. The moment the economy settles they will go back to voting Republican.
I wish this wasn’t probably true.
We have homeless encampments everywhere. No one equates that to the wealthy making it expensive to live here for their own profits bcz they have money to invest.
Personally, I think this should be a federal tax, not just a California or state tax so that there’s nowhere for the roaches to hide.
Why not both? I have to pay state and federal taxes. So should they.
They’ll just move to a state that won’t. I’m sure they’ve got million retainers with lawyers who are working in this already.
Some will, but many won’t, granted they leave behind a lot of infrastructure, routes anf other facets of how they became so wealthy
This is a pretty notable exception to the blue wave. Newsom seems to be setting himself up as a centrist/independent/republican-lite runner for the presidency-- hoping to siphon off republican voters to his campaign for all the Democrats he loses in the process. This very seldom works. Its always a hail mary and pisses off the Democratic party base.
After this I wouldn’t vote for him if he tries to run. There are much better options
Dems have a habit of screwing over progressive candidates and it’s likely that Newsom is going to be the establishment nominee. Plus Dems have a free walk to up the presidency due to Trump’s corruption and betrayals. I could see a President Newsom and Trump sees that too, which is why he takes so many digs at him.
A protector of billionaires doesn’t work for me any more than the protector of pedophiles. We need an AOC
I’m not advocating for either as much as I’m diagnosing the present party structure and the process by which the democrats choose presidential candidates.
The democrats control who wins the primary through delegates and can coordinate who drops out to prop up their chosen candidate. That’s how we got Biden. Unless structure of the primary changes, there’s no way to create a fair process that a progressive candidate can win.
It hasn’t worked yet.
The only candidates that can siphon Republican votes are other Republicans.
Arguably it did. But nearly before many here were born or politically aware. Bill Clinton did it. Then Democrats spent the next 30 years trying to normalize it.
Bill Clinton won because Ross Perot split the Republican ballot. He only received 43% of the popular vote.
The uninformed voter strikes again!
People have a right to vote, but don’t they also have a right to a good government?
What do the voters’ clothes have anything to do with it?
They wrote “uninformed”, not uniformed.
I got the joke…
It’s the same word
Wtf California!?
California is its own beast.
Peoples lives have not really been getting better because of federal politics, but moreso Newsom shutting the door on progressive legislation.
Blue voters haven’t had a strong urgency to show up since the state is already blue, so people feel that showing up to vote has less impact. Big tech companies are spending millions on ads to confuse voters. Many of the measures also were seemingly written in a confusing way.
What doesn’t get mentioned more is culturally it feels like people have been fending more for themselves with all these cost of living increases. People drive and act selfishly constantly. There’s a noticeable difference in the way people from SoCal or NorCal are living compared to say Oregon or Washington. I would say people I’ve interacted with living in the later two seem much happier on average compared to the slog of the freeway ‘go, go, go’ atmosphere plaguing California.
I think the national wave of blue will do a lot of good for reminding Californians that there is hope out there. Plus, the new governor may be a bit more likely than Newsom to let some progressive legislation pass.
So many people feel hopeless in California right now. The prospects of owning a home, starting a family, and/or retiring becomes less possible by the day even if you have a good job as a young person. People still are voting, but without the progressive policies that are desperately needed it’s becoming tough. Hopefully we see progressive federal policies make it through since that could do a lot of good at making life better for Californians.
Also, California desperately needs a Mamdani style person to come to light. Someone that can motivate sweeping progressive changes through passion and care.
I wouldn’t trust this yet, only 62% of estimated votes have been counted so far.
I checked the results 24 and 12 hours ago, and it was then at 60% and 61% respectively. Each time I’ve checked, the gap has been closed by 0.6%.
Yeah, but it doesn’t necessarily matter if Prop 40 passes, because if Prop 42 does better, it trumps Prop 40.
Weird, only 65% of votes reported.
Hmmm yeah, I dunno, the language of this particular ballot initiative does not seem confusing in any way:
I don’t know what you’re saying.
I wasn’t being clear, sorry. It says pro 40 failed but it’s only at 62% reported with 6+ million ballots to count still. Isn’t it too close to call it a fail?
Also your link doesn’t work.
Gruesome Newsom : Mission Accomplished!👍
Said it a million times… it’s going to take violence.
Fuck it I guess I’ll become a art dealer then the fuck?
Why would 42 prohibit future wealth taxes? We just need an initiative that changes that back, right? Could that and the tax be all in one initiative or does it need to be split up.
Prop 42.
That bill was specific about savings, retirement, and assets. For anyone.
Of course voters wouldn’t want that to be taxed.
It includes things that should not be taxed.
It specifically added items that apply to the average person and they don’t want themselves taxed. It was a sleazy way to get people to vote to protect billionaires from additional taxes.
