It's impossible to overstate how terrible an idea this is. Moving out of state is a cake walk. You can even wave to your friends from the other side of Lake Tahoe. California is sincerely begging to implode its entire tax base at the outset of a looming budget crisis.
Clarification: my concern here has nothing to do with whether high taxes are ethical or good/bad for society. It's that:

1) moving within the country has always been trivially easy for wealthy people

2) California's COVID response forcibly decoupled work from physical location
Whatever you think of a federal wealth tax, the debate has always meaningfully hinged on whether it causes capital flight. The people who would pay the bulk of this tax already have secondary residences in their favorite places, and they've been working remotely for months now.
California has a very challenging needle to thread with its massive anticipated budget shortfalls and already exceptionally high state taxes. I see massive federal bailouts in the future.
An exercise for the reader: look at this list of the wealthiest Californians, calculate their annual obligations under a 0.4% wealth tax, and think about how many of them run companies that're already widely geographically distributed & increasingly remote…

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Mason 🏃‍♂️✂️

Mason 🏃‍♂️✂️ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @webdevMason

8 Nov
As we all know, doubt is curtailed by absolutely socially crushing the opposition into abject silence
Read 4 tweets
2 Nov
tbh nothing prepared me better for 2020 than the ~2 years I spent periodically evading psychological capture by various new age cults due to my proximity to another high-dollar target
HBO & Starz *both* have new series on the NXIVM cult, and I recommend watching either of them and periodically reminding yourself that this would've still been going on at a healthy clip if nobody had had the bright idea to start hot-iron branding women
A lot of the same themes and ideas recur in successful spiritual and philosophical cults, because they're generally useful concepts and they speak to confusing and aversive desires that a lot of people feel unable to explore on their own. That's not the problem
Read 14 tweets
12 Oct
"The only time we believe a lockdown is justified is to buy you time to reorganise, regroup, rebalance your resources, protect your health workers who are exhausted, but by and large, we’d rather not do it."
"Lockdowns just have one consequence that you must never ever belittle, and that is making poor people an awful lot poorer."
"Look what’s happened to smallholder farmers all over the world. … Look what’s happening to poverty levels. It seems that we may well have a doubling of world poverty by next year. We may well have at least a doubling of child malnutrition."
Read 4 tweets
21 Sep
So many people are ignorant of the *many* programs already embedded in the criminal justice system. My understanding is that my own stalker evaded prior charges via CA's pretrial mental health diversion program, and did not fully fulfill his court-ordered treatment obligations.
I consider myself one of his most fortunate victims, because most of the women he threatened to rape, torture and murder had to get on with life *for years* knowing that he was out on the street in their city. This is the first time he's had to face serious criminal consequences.
I can't know for sure whether getting away with it for so long emboldened him to keep doing what he was doing and to target more women, but in this case that was the result. Treatment won't work for someone who isn't willing to genuinely submit themselves to it.
Read 5 tweets
21 Sep
Is the implication here that rape and domestic violence victims should not "involve the police"?
"Calling the police may lead to the brutalizing (or even killing) of the victims themselves."

Horribly irresponsible claim in the context of providing DV resources. A victim is far, FAR more likely to be seriously harmed by an abusive partner than by a police officer.
When I was being stalked last year by someone who had threatened to rape and kill several women, I called the police. They set up a sting and they caught him. Nobody was injured. He is in jail now and he is going to trial next month.
Read 8 tweets
20 Sep
I don't know enough about Amy Coney Barrett to have an opinion on her for the USSC, but the difference between the twitter impression and the Wikipedia impression is remarkable
Probably the biggest problem with her is that she's somewhat young and hasn't spent much time on the 7th circuit, which means there's less opinion to scrutinize and that she could be on the Supreme Court for decades
What people seem to love or hate about her is that she's a very devoted conservative Catholic in her personal life, but frankly she seems to have handled concerns about that just about as well as anyone could be expected to:…
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!