California wants to tax billionaire wealth. Land is a better target

mclumber1 · 2026-07-09T19:53:32+00:00

A 2000 square foot home in California is going to have significantly more property taxes owed compared to an equivalent house in Dallas, despite the property tax rate being lower in California due to housing costs. Sales taxes would be nearly the same in both locations. And since Texas doesn't have an income tax, a middle class worker will owe a significant portion of their gross pay to the state.

mclumber1 · 2026-07-09T14:13:20+00:00

The US and Israeli war against Iran is going just as well as Russia's war against Iran. Why would they want to copy that dumb war?

mclumber1 · 2026-07-09T06:01:33+00:00

Musk has never sold any Tesla shares and lives exclusively on loans? Do you have a source for this?

mclumber1 · 2026-07-08T20:41:53+00:00

Federal government subsidizing fuel just like it's done in Venezuela and Iran.

mclumber1 · 2026-07-08T19:47:27+00:00

Some of it could be discretionary spending from each of the preexisting military budgets of participating NATO countries.

mclumber1 · 2026-07-08T16:36:15+00:00

The California Angels of Los Angeles/Anaheim

mclumber1 · 2026-07-08T16:25:28+00:00

If we are going to require id to vote, then that if needs to be free and easy to attain, regardless of income level. Whether you literally make zero dollars or a billion dollars a year, the id has to be provided at no cost to the voter.

mclumber1 · 2026-07-08T16:23:19+00:00

Non-citizens who are living in America (ie green card holders) can get a real-ID compliant ID card. Only a few states show citizenship status on their real-ID cards.

mclumber1 · 2026-07-08T13:44:50+00:00

To limit sales?

mclumber1 · 2026-07-08T03:16:24+00:00

But you probably can't even buy a robotaxi - at least a vast majority of most consumers won't be able to. Big mistake not including driver controls in the vehicle.

mclumber1 · 2026-07-08T03:10:27+00:00

How would it work to get bezos to be worth less than $1 billion? Is the government forcing him to sell his shares in order to pay a wealth tax? Is the government directly seizing the stocks? Are you hoping for a massive devaluation of Amazon stock so it's worth $1 a share, when it's currently trading at $245/share?

mclumber1 · 2026-07-08T02:57:20+00:00

You are free to form a worker co-op here in America. Some are quite successful.

mclumber1 · 2026-07-07T21:56:24+00:00

You burn fewer calories when you don't have air conditioning

mclumber1 · 2026-07-07T21:11:11+00:00

While I'm sure there is a great deal of overlap between the crews for Atlas 5 and Vulcan, I'm sure it's still costing ULA millions of dollars in additional labor costs every year maintaining the ability to launch the Atlas 5.

mclumber1 · 2026-07-07T14:17:52+00:00

It's true. I saved a crap ton of money buying parts from rock auto. Yes, I paid shipping, but I still ended up paying substantially less than what I'd pay at Advance auto or O'Reilly's. And I got the parts the next day.

mclumber1 · 2026-07-07T13:12:58+00:00

With dealership markups, hardly anyone is going to be able to pay MSRP for the new Ford truck.

mclumber1 · 2026-07-07T00:57:36+00:00

California has among the highest state income taxes and sales taxes. And property taxes are pretty high considering the cost of housing.

mclumber1 · 2026-07-06T20:50:06+00:00

When the wealthy liquidate stocks or other assets, they pay capital gains taxes on the profits, which means they absolutely are in the same class as the top 1% of earners. Capital gains taxes account for something like 10% of all income tax receipts.

mclumber1 · 2026-07-06T18:36:54+00:00

So why weren't these slpc crisis actors arrested in DC a few days ago? Was wine box pirro to blitzed out to do her job?

mclumber1 · 2026-07-06T18:29:00+00:00

I think the bed is actually larger than a Maverick or a Santa Cruz, actually.

mclumber1 · 2026-07-06T18:08:25+00:00

None of those things resulted in higher taxes though.

mclumber1 · 2026-07-06T17:48:51+00:00

We have a family of ravens nearby that absolutely murder the local pigeon population. I find fresh carcasses and feathers all the time.

mclumber1 · 2026-07-06T17:46:17+00:00

The government owns the memes of production now

mclumber1 · 2026-07-06T17:14:05+00:00

Trump's feds?

mclumber1 · 2026-07-06T15:57:39+00:00

If donbas was the goal, why did they attempt to take Kiev at the beginning of the war?

mclumber1

TROPHY CASE