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#billionairetax — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #billionairetax, aggregated by home.social.

  1. #BillionaireTax #Sanfancisco

    "More People Filmed Paying For Forged Signatures on Pro-Billionaire Petitions in SF

    As a state investigation into the matter continues, more individuals have been caught on film paying people $5 to forge signatures on petitions for various counter-measures to the Billionaire Tax initiative, and they’re now wearing ski masks and taking swings at reporters.

    As SFist reported last month, local content creator JJ Smith alerted state officials to alleged fraudulent activity involving individuals paying people on Sixth Street in SF's South of Market neighborhood to sign petitions using other people’s voter registration information. Smith said the signature-collectors didn't explain to people what petitions they were signing, which were reportedly for pro-billionaire measures countering the Billionaire Tax initiative ahead of the 2026 California elections.

    The signature-collectors have now been reported in SF’s Tenderloin District, and similar activity was reportedly spotted in Los Angeles's 'Skid Row.'"

    sfist.com/2026/04/13/more-peop

  2. #BernieSanders to Rally for #BillionaireTax in #California as #Crypto Industry Joins Newsom in Opposition

    “While US billionaires became $1.5 trillion richer last year, the average worker in America has just $955 in retirement savings,” said Sen. Bernie Sanders. “That’s why I’ll be in LA this week fighting for a #WealthTax on #billionaires.”

    Jake Johnson
    Feb 18, 2026

    Excerpt: "The proposal has also drawn opposition from Democratic California Gov. #GavinNewsom, who has close ties to #SiliconValley elites—some of the most vocal opponents of the state wealth tax plan. (Notably, the billionaire CEO of the most valuable company in the world, #Nvidia, said earlier this year that he is 'perfectly fine' with the proposal as others in his class pumped millions into the effort to defeat it.)"

    Read more:
    commondreams.org/news/bernie-s

    #USPol #TaxTheRich #BillionairesTax #PayYourFairShare #TechBillionaires #Technogarchs

  3. #BernieSanders to Rally for #BillionaireTax in #California as #Crypto Industry Joins Newsom in Opposition

    “While US billionaires became $1.5 trillion richer last year, the average worker in America has just $955 in retirement savings,” said Sen. Bernie Sanders. “That’s why I’ll be in LA this week fighting for a #WealthTax on #billionaires.”

    Jake Johnson
    Feb 18, 2026

    Excerpt: "The proposal has also drawn opposition from Democratic California Gov. #GavinNewsom, who has close ties to #SiliconValley elites—some of the most vocal opponents of the state wealth tax plan. (Notably, the billionaire CEO of the most valuable company in the world, #Nvidia, said earlier this year that he is 'perfectly fine' with the proposal as others in his class pumped millions into the effort to defeat it.)"

    Read more:
    commondreams.org/news/bernie-s

    #USPol #TaxTheRich #BillionairesTax #PayYourFairShare #TechBillionaires #Technogarchs

  4. #BernieSanders to Rally for #BillionaireTax in #California as #Crypto Industry Joins Newsom in Opposition

    “While US billionaires became $1.5 trillion richer last year, the average worker in America has just $955 in retirement savings,” said Sen. Bernie Sanders. “That’s why I’ll be in LA this week fighting for a #WealthTax on #billionaires.”

    Jake Johnson
    Feb 18, 2026

    Excerpt: "The proposal has also drawn opposition from Democratic California Gov. #GavinNewsom, who has close ties to #SiliconValley elites—some of the most vocal opponents of the state wealth tax plan. (Notably, the billionaire CEO of the most valuable company in the world, #Nvidia, said earlier this year that he is 'perfectly fine' with the proposal as others in his class pumped millions into the effort to defeat it.)"

    Read more:
    commondreams.org/news/bernie-s

    #USPol #TaxTheRich #BillionairesTax #PayYourFairShare #TechBillionaires #Technogarchs

  5. #BernieSanders to Rally for #BillionaireTax in #California as #Crypto Industry Joins Newsom in Opposition

    “While US billionaires became $1.5 trillion richer last year, the average worker in America has just $955 in retirement savings,” said Sen. Bernie Sanders. “That’s why I’ll be in LA this week fighting for a #WealthTax on #billionaires.”

    Jake Johnson
    Feb 18, 2026

    Excerpt: "The proposal has also drawn opposition from Democratic California Gov. #GavinNewsom, who has close ties to #SiliconValley elites—some of the most vocal opponents of the state wealth tax plan. (Notably, the billionaire CEO of the most valuable company in the world, #Nvidia, said earlier this year that he is 'perfectly fine' with the proposal as others in his class pumped millions into the effort to defeat it.)"

    Read more:
    commondreams.org/news/bernie-s

    #USPol #TaxTheRich #BillionairesTax #PayYourFairShare #TechBillionaires #Technogarchs

  6. #BernieSanders to Rally for #BillionaireTax in #California as #Crypto Industry Joins Newsom in Opposition

    “While US billionaires became $1.5 trillion richer last year, the average worker in America has just $955 in retirement savings,” said Sen. Bernie Sanders. “That’s why I’ll be in LA this week fighting for a #WealthTax on #billionaires.”

    Jake Johnson
    Feb 18, 2026

    Excerpt: "The proposal has also drawn opposition from Democratic California Gov. #GavinNewsom, who has close ties to #SiliconValley elites—some of the most vocal opponents of the state wealth tax plan. (Notably, the billionaire CEO of the most valuable company in the world, #Nvidia, said earlier this year that he is 'perfectly fine' with the proposal as others in his class pumped millions into the effort to defeat it.)"

    Read more:
    commondreams.org/news/bernie-s

    #USPol #TaxTheRich #BillionairesTax #PayYourFairShare #TechBillionaires #Technogarchs

  7. 1/2
    January 5 2026 @ 'Ro Khanna Town Hall'
    Santa Clara, CA

    "...signature gathering to support a Billionaire Tax in California...Will you make it your new year's resolution to stop enabling a right wing billionaire, stop using a child porn generation site and get off twitter?"

    Referenced Report:
    reuters.com/legal/litigation/g

    #whitesupremacy #twitter #elonmusk #grok #billionaires #democrats #santaclara #siliconvalley #bigtech #tax #AI #RoKhanna #oligarchs #bluemaga #dissent #deepfakeporn #x #musk #GrokAI #misogyny #California #paypalmafia #BillionaireTax

  8. Raise taxes on #Maine’s wealthy? Some of them are OK with that

    An added 4% tax on incomes over $1 million and capital gains over $250,000 could generate more than $200 million in annual revenue for the state, according to estimates provided to lawmakers.

    by Randy Billings, Posted March 26. 2025

    Excerpt:
    "Libby Delucia-Harting traveled from her home in Portland to the State House in Augusta on Wednesday with an unusual request for lawmakers.

    " 'I want to talk about my wealth to highlight the importance of taxing people like me,' Delucia-Harting said, telling lawmakers that she inherited wealth accumulated by her great-grandfather and protected through generations by using tax loopholes.

    "Delucia-Harting was among a group of wealthy residents and progressive advocates who testified in support of two bills to increase taxes on millionaires and those whose wealth earns them more wealth — a move that could generate more than $200 million a year at a time when state officials are considering budget cuts and deficits in the state’s #Medicaid program.

    "Proponents say that increasing taxes on Maine’s wealthiest residents would help protect important investments in education, child care and health care, while opponents argue it would only cause wealthy residents and businesses to leave the state or not come here at all."

    Read more / listen:
    pressherald.com/2025/03/26/rai

    Archived version:
    archive.md/iYhqw

    #USPol #MainePol #TaxTheRich #MillionaireTax #BillionaireTax #PayYourFairShare #EndTaxLoopholes

  9. #Petition #BillionaireTax #TaxBillionaires #Tax #Billionaires

    TO: South African President Ramaphosa

    As G20 host, you have the power to make history

    Back a global billionaire tax and turn your promise of “Solidarity, Equality and Sustainability” into action

    Please consider adding your name to this petition

    action.eko.org/a/president-ram

  10. Apparently, some millionaires moved out of the state. Imagine what would happen if EVERY state (and country) TAXED THE RICH PROPORTIONALLY!

    #Massachusetts - Here’s how much the new ‘#MillionairesTax’ has raised this year (it’s a lot)

    The tax on the rich is bringing in more than expected and will fund transportation and education initiatives.

    By Beth Treffeisen
    May 21, 2024

    "The '#MillionairesTax,' which went into effect for the first time last year, is set to bring in billions.

    "State officials announced Monday that the surtax on high earners had generated more than $1.8 billion in revenue this fiscal year, with three months left to go, according to the State House News Service.

    "This means state officials could have millions of dollars to spend on transportation and education initiatives.

    "Any additional money raised beyond the $1 billion already budgeted would go to a reserve account, where state policymakers can ask for one-time investments in projects or programs.

    "The SHNS reported that the revenue from the tax is already $800 million more than the Legislature and Gov. #MauraHealey planned to spend in surtax revenue for all of the fiscal year 2024.

    "The Department of Revenue won’t certify the official amount raised until later this year.

    "However, the estimates supported claims that the surtax would generate significant revenue for the state, despite fears that it would drive out some of its wealthiest residents.

    "In 2022, voters approved the ballot initiative that levies an additional 4 percent tax on annual earnings over $1 million.

    " 'Opponents of the Fair Share Amendment claimed that multi-millionaires would flee Massachusetts rather than pay the new tax, and they are being proven wrong every day,' Andrew Farnitano, a spokesperson for #RaiseUpMassachusetts, the union-backed group that pushed the 2022 ballot initiative, told the Boston Globe.

    " 'With this money from the #UltraRich, we can do even more to improve our public #schools and #colleges, invest in roads, bridges, and #PublicTransit, and start building an economy that works for everyone,' Farnitano said.

    "But Massachusetts has struggled with residents leaving the state recently, taking their taxable income with them.

    "The announcement from the latest DOR quarterly report, described during Senate proceedings, is welcome news for budget writers who had been seeing declines in tax revenues for months.

    "State tax collections have lagged behind projections for most of the 2024 fiscal year, SHNS reported, even after Healey implemented spending cuts.

    "According to an analysis by the Pioneer Institute, Massachusetts lost $4.3 billion in adjusted gross income in 2021, 40 percent more than the prior year. The data shows that nearly 25,200 more tax filers had moved out of the state than moved in."

    boston.com/news/business/2024/

    #PayYourFairShare! #BillionaireTax #MillionaireTax or else #EatTheRich !

  11. Apparently, some millionaires moved out of the state. Imagine what would happen if EVERY state (and country) TAXED THE RICH PROPORTIONALLY!

    #Massachusetts - Here’s how much the new ‘#MillionairesTax’ has raised this year (it’s a lot)

    The tax on the rich is bringing in more than expected and will fund transportation and education initiatives.

    By Beth Treffeisen
    May 21, 2024

    "The '#MillionairesTax,' which went into effect for the first time last year, is set to bring in billions.

    "State officials announced Monday that the surtax on high earners had generated more than $1.8 billion in revenue this fiscal year, with three months left to go, according to the State House News Service.

    "This means state officials could have millions of dollars to spend on transportation and education initiatives.

    "Any additional money raised beyond the $1 billion already budgeted would go to a reserve account, where state policymakers can ask for one-time investments in projects or programs.

    "The SHNS reported that the revenue from the tax is already $800 million more than the Legislature and Gov. #MauraHealey planned to spend in surtax revenue for all of the fiscal year 2024.

    "The Department of Revenue won’t certify the official amount raised until later this year.

    "However, the estimates supported claims that the surtax would generate significant revenue for the state, despite fears that it would drive out some of its wealthiest residents.

    "In 2022, voters approved the ballot initiative that levies an additional 4 percent tax on annual earnings over $1 million.

    " 'Opponents of the Fair Share Amendment claimed that multi-millionaires would flee Massachusetts rather than pay the new tax, and they are being proven wrong every day,' Andrew Farnitano, a spokesperson for #RaiseUpMassachusetts, the union-backed group that pushed the 2022 ballot initiative, told the Boston Globe.

    " 'With this money from the #UltraRich, we can do even more to improve our public #schools and #colleges, invest in roads, bridges, and #PublicTransit, and start building an economy that works for everyone,' Farnitano said.

    "But Massachusetts has struggled with residents leaving the state recently, taking their taxable income with them.

    "The announcement from the latest DOR quarterly report, described during Senate proceedings, is welcome news for budget writers who had been seeing declines in tax revenues for months.

    "State tax collections have lagged behind projections for most of the 2024 fiscal year, SHNS reported, even after Healey implemented spending cuts.

    "According to an analysis by the Pioneer Institute, Massachusetts lost $4.3 billion in adjusted gross income in 2021, 40 percent more than the prior year. The data shows that nearly 25,200 more tax filers had moved out of the state than moved in."

    boston.com/news/business/2024/

    #PayYourFairShare! #BillionaireTax #MillionaireTax or else #EatTheRich !

  12. Apparently, some millionaires moved out of the state. Imagine what would happen if EVERY state (and country) TAXED THE RICH PROPORTIONALLY!

    #Massachusetts - Here’s how much the new ‘#MillionairesTax’ has raised this year (it’s a lot)

    The tax on the rich is bringing in more than expected and will fund transportation and education initiatives.

    By Beth Treffeisen
    May 21, 2024

    "The '#MillionairesTax,' which went into effect for the first time last year, is set to bring in billions.

    "State officials announced Monday that the surtax on high earners had generated more than $1.8 billion in revenue this fiscal year, with three months left to go, according to the State House News Service.

    "This means state officials could have millions of dollars to spend on transportation and education initiatives.

    "Any additional money raised beyond the $1 billion already budgeted would go to a reserve account, where state policymakers can ask for one-time investments in projects or programs.

    "The SHNS reported that the revenue from the tax is already $800 million more than the Legislature and Gov. #MauraHealey planned to spend in surtax revenue for all of the fiscal year 2024.

    "The Department of Revenue won’t certify the official amount raised until later this year.

    "However, the estimates supported claims that the surtax would generate significant revenue for the state, despite fears that it would drive out some of its wealthiest residents.

    "In 2022, voters approved the ballot initiative that levies an additional 4 percent tax on annual earnings over $1 million.

    " 'Opponents of the Fair Share Amendment claimed that multi-millionaires would flee Massachusetts rather than pay the new tax, and they are being proven wrong every day,' Andrew Farnitano, a spokesperson for #RaiseUpMassachusetts, the union-backed group that pushed the 2022 ballot initiative, told the Boston Globe.

    " 'With this money from the #UltraRich, we can do even more to improve our public #schools and #colleges, invest in roads, bridges, and #PublicTransit, and start building an economy that works for everyone,' Farnitano said.

    "But Massachusetts has struggled with residents leaving the state recently, taking their taxable income with them.

    "The announcement from the latest DOR quarterly report, described during Senate proceedings, is welcome news for budget writers who had been seeing declines in tax revenues for months.

    "State tax collections have lagged behind projections for most of the 2024 fiscal year, SHNS reported, even after Healey implemented spending cuts.

    "According to an analysis by the Pioneer Institute, Massachusetts lost $4.3 billion in adjusted gross income in 2021, 40 percent more than the prior year. The data shows that nearly 25,200 more tax filers had moved out of the state than moved in."

    boston.com/news/business/2024/

    #PayYourFairShare! #BillionaireTax #MillionaireTax or else #EatTheRich !

  13. Apparently, some millionaires moved out of the state. Imagine what would happen if EVERY state (and country) TAXED THE RICH PROPORTIONALLY!

    #Massachusetts - Here’s how much the new ‘#MillionairesTax’ has raised this year (it’s a lot)

    The tax on the rich is bringing in more than expected and will fund transportation and education initiatives.

    By Beth Treffeisen
    May 21, 2024

    "The '#MillionairesTax,' which went into effect for the first time last year, is set to bring in billions.

    "State officials announced Monday that the surtax on high earners had generated more than $1.8 billion in revenue this fiscal year, with three months left to go, according to the State House News Service.

    "This means state officials could have millions of dollars to spend on transportation and education initiatives.

    "Any additional money raised beyond the $1 billion already budgeted would go to a reserve account, where state policymakers can ask for one-time investments in projects or programs.

    "The SHNS reported that the revenue from the tax is already $800 million more than the Legislature and Gov. #MauraHealey planned to spend in surtax revenue for all of the fiscal year 2024.

    "The Department of Revenue won’t certify the official amount raised until later this year.

    "However, the estimates supported claims that the surtax would generate significant revenue for the state, despite fears that it would drive out some of its wealthiest residents.

    "In 2022, voters approved the ballot initiative that levies an additional 4 percent tax on annual earnings over $1 million.

    " 'Opponents of the Fair Share Amendment claimed that multi-millionaires would flee Massachusetts rather than pay the new tax, and they are being proven wrong every day,' Andrew Farnitano, a spokesperson for #RaiseUpMassachusetts, the union-backed group that pushed the 2022 ballot initiative, told the Boston Globe.

    " 'With this money from the #UltraRich, we can do even more to improve our public #schools and #colleges, invest in roads, bridges, and #PublicTransit, and start building an economy that works for everyone,' Farnitano said.

    "But Massachusetts has struggled with residents leaving the state recently, taking their taxable income with them.

    "The announcement from the latest DOR quarterly report, described during Senate proceedings, is welcome news for budget writers who had been seeing declines in tax revenues for months.

    "State tax collections have lagged behind projections for most of the 2024 fiscal year, SHNS reported, even after Healey implemented spending cuts.

    "According to an analysis by the Pioneer Institute, Massachusetts lost $4.3 billion in adjusted gross income in 2021, 40 percent more than the prior year. The data shows that nearly 25,200 more tax filers had moved out of the state than moved in."

    boston.com/news/business/2024/

    #PayYourFairShare! #BillionaireTax #MillionaireTax or else #EatTheRich !

  14. Apparently, some millionaires moved out of the state. Imagine what would happen if EVERY state (and country) TAXED THE RICH PROPORTIONALLY!

    #Massachusetts - Here’s how much the new ‘#MillionairesTax’ has raised this year (it’s a lot)

    The tax on the rich is bringing in more than expected and will fund transportation and education initiatives.

    By Beth Treffeisen
    May 21, 2024

    "The '#MillionairesTax,' which went into effect for the first time last year, is set to bring in billions.

    "State officials announced Monday that the surtax on high earners had generated more than $1.8 billion in revenue this fiscal year, with three months left to go, according to the State House News Service.

    "This means state officials could have millions of dollars to spend on transportation and education initiatives.

    "Any additional money raised beyond the $1 billion already budgeted would go to a reserve account, where state policymakers can ask for one-time investments in projects or programs.

    "The SHNS reported that the revenue from the tax is already $800 million more than the Legislature and Gov. #MauraHealey planned to spend in surtax revenue for all of the fiscal year 2024.

    "The Department of Revenue won’t certify the official amount raised until later this year.

    "However, the estimates supported claims that the surtax would generate significant revenue for the state, despite fears that it would drive out some of its wealthiest residents.

    "In 2022, voters approved the ballot initiative that levies an additional 4 percent tax on annual earnings over $1 million.

    " 'Opponents of the Fair Share Amendment claimed that multi-millionaires would flee Massachusetts rather than pay the new tax, and they are being proven wrong every day,' Andrew Farnitano, a spokesperson for #RaiseUpMassachusetts, the union-backed group that pushed the 2022 ballot initiative, told the Boston Globe.

    " 'With this money from the #UltraRich, we can do even more to improve our public #schools and #colleges, invest in roads, bridges, and #PublicTransit, and start building an economy that works for everyone,' Farnitano said.

    "But Massachusetts has struggled with residents leaving the state recently, taking their taxable income with them.

    "The announcement from the latest DOR quarterly report, described during Senate proceedings, is welcome news for budget writers who had been seeing declines in tax revenues for months.

    "State tax collections have lagged behind projections for most of the 2024 fiscal year, SHNS reported, even after Healey implemented spending cuts.

    "According to an analysis by the Pioneer Institute, Massachusetts lost $4.3 billion in adjusted gross income in 2021, 40 percent more than the prior year. The data shows that nearly 25,200 more tax filers had moved out of the state than moved in."

    boston.com/news/business/2024/

    #PayYourFairShare! #BillionaireTax #MillionaireTax or else #EatTheRich !

  15. #TeslaBoycott & #BoycottTeslaBatteries Are Working! #ABlueView🧵1/3

    Wall St is finally acknowledging how profoundly damaging Elon Musk is to Tesla's brand.

    You can help this trend: find a #TeslaTakedown protest near you at tinyurl.com/7nae7hc5.

    #Oligarchs #BillionaireTax

  16. Is The 2nd American Revolution Beginning ... With Tesla? #ABlueView🧵1/3

    The 1st American Revolution began with patriots rejecting Imperial tea.

    Is the 2nd American Revolution begining with patriots rejecting Nazi cars?

    #BoycottTesla #Swasticars #Oligarchs #BillionaireTax

  17. "A rather small group of very wealthy individuals, because of their lifestyles and investments, is pushing emissions quite quickly up."

    But that's OK, because they control the means to persuade us climate change is nothing to worry about.

    #BillionaireTax #GlobalJustice #ClimateAction #ClimateCrisis #ClimateChange #PolluterPay
    newscientist.com/article/24551

  18. Business Genius Elon Musk, not satisfied w/losing 80% ($35B) of X's value (tinyurl.com/bdbwwnt5), is busily applying his "vision" to Tesla:

    "Tesla shares drop 9% after Cybercab robotaxi reveal ‘underwhelmed’ investors" tinyurl.com/y32nm9jw

    #BoycottTesla #Oligarchs #BillionaireTax #ABlueView

  19. 🧵1/3 How could business genius Elon Musk know that telling X's customers to f*ck off, & then suing them, would hurt sales? Or that this brilliance could hurt SpaceX when he sells it's shares to fund X?

    How long do you think before he starts blaming Haitian immigrants?

    #BillionaireTax #ABlueView

  20. Elon Musk business genius has gotten Twitter banned in Brazil, it's 6th biggest market & now his I-can-do-whatever-I-want attitude is jeopardizing Starlink too. tinyurl.com/2ycfj2ux

    Brazil's cartoonists are not amused.

    #BoycottTesla #PoorLeadership #Oligarchs #BillionaireTax #ABlueView

  21. Elon Musk business genius has gotten Twitter banned in Brazil, it's 6th biggest market & now his I-can-do-whatever-I-want attitude is jeopardizing Starlink too. tinyurl.com/2ycfj2ux

    Brazil's cartoonists are not amused.

    #BoycottTesla #PoorLeadership #Oligarchs #BillionaireTax #ABlueView

  22. Elon Musk business genius has gotten Twitter banned in Brazil, it's 6th biggest market & now his I-can-do-whatever-I-want attitude is jeopardizing Starlink too. tinyurl.com/2ycfj2ux

    Brazil's cartoonists are not amused.

    #BoycottTesla #PoorLeadership #Oligarchs #BillionaireTax #ABlueView