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The Ring of Fire @ringoffiremedia.bsky.social
Jul 7, 07:07 PM

Bad Week For BIllionaires

🎤 Whisper Transcript (en) ⏱ 47s

"For one week, the billionaires were the ones panicking. Democratic socialists kept winning New York primaries, and then a billionaire wealth tax made California's November ballot a one-time 5% hit on the roughly 200 billionaires who were already living in California January 1st. So moving out of California won't dodge it. The counter from these billionaires to decoy ballot measures written to quietly cancel the tax without even mentioning it. And Gavin Newsom, he says he's voting no, but he says that it's because he wants a bigger national version instead. Why can't we do both? I've got the full story at youtube.com slash The Ring of Fire. Hit the link tree in our bio. We are everywhere. You get your social media."

💬 Discussion

The Ring of Fire @ringoffiremedia.bsky.social · Jul 6, 05:01 AM

Bad Week For BIllionaires