The poorest billionaire in California will make about $300 million this year. If we pass the CA wealth tax, he will only make $235 million. In exchange, millions of the poorest Californians will get health insurance. That’s the tradeoff billionaires are not willing to make.
They prefer to spend 600 million on propaganda to convince the dumbest half of the working class it’s a bad thing.
They’re investing in stupid like a stock.
And it’s paying dividends, unfortunately
Nobody ever went broke betting on the stupidity of the American public.