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[–] [deleted] 6 pts

Anyone who thinks ultra-rich and very-rich people with their hordes of lawyers are going to pay much of anything in taxes are delusional.

[–] 1 pt (edited )

By government tax standards, the ultra rich in California is anyone making over $20/hour.

If you have more than a 5 million dollar house and have a D next to your name, you are exempt.

[–] 1 pt

Exactly. These laws are designed to target common people who make a good living but certainly not billionaires.

[–] 0 pt

Well they lowered it down to 50 million so give i inflation 10 more years.