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[–] 18 points 20 hours ago (2 children)

Didn't New York already do it and it proved that billionaires will stay put and not move to a hick backwater just to save a few bucks they wouldnt even notice losing?

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  • [–] 2 points 19 hours ago (1 child)

    What they did is very different. They taxed residential properties not used as primary residences valued over 5 million. The CA tax is a one time 5% tax on the worldwide net worth of billionaires.

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