“They will eventually apply the “wealth tax” to everyone, just like the income tax, which was supposed to be just a temporary tax of a few percent of the top 1% to pay for WW1 … [@ArthurMacwaters] California's wealth tax will follow the same pattern as every other tax: 1. target "just the rich" 2. set a precedent 3. expand to everyone else Except this tax is even more corrupt because it allows the state to seize *assets* not just income In 1913, only the 1% paid… https://x.com/i/web/status/2012199551482892733”