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California's 'Wealth' Tax Is Coming For Everyone
California's 'Wealth' Tax Is Coming For Everyone
Authored by Edward Ring via American Greatness,
If you own property in California, you're not safe. A new ballot measure will empower the state to confiscate a percentage of the assets of any resident, even though its initial provisions don't communicate that intent. California's "One-Time Wealth Tax for State-Funded Healthcare, Education, and Food Assistance Programs Initiative," which has already qualified for the November ballot, is even worse than it appears.
It's not as if appearances aren't bad enough. The explicit intent of the initiative already...
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Jul 16, 2026 / Tyler Durden
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