The thing about these so-called "wealth taxes" is that the income that served to build this wealth has already been taxed via the income tax.
Also, I am curious ... since these thieving assholes are insanely desperate to get their dirty claws on unrealized gains ... are they going to give taxpayers credit for unrealized losses???!!! BWHA HA HA HA ... I think we all know the answer to that question, eh?!
FYI - in the last ten days, legislators in New York, Illinois, Hawaii, Minnesota, Washington, and Connecticut have also proposed new ways to make the "rich" pay more. Hmmm ... wonder what California and these other states have in common, eh?
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