This is the same as the billionaires tax, not a separate proposal; so not entirely true. BUT I’m sure at some point this could become reality so I would suggest a ballot measure forever preventing any tax on savings.

Eric Daugherty
@EricLDaugh
03-16
🚨 HOLY SMOKES. California Democrats are now plotting to tax SAVINGS ACCOUNTS of California residents
And it does not only apply to the "ultra-wealthy"
It will "make up for overspending" for things like illegal aliens
Democrats are SCREWING CALIFORNIA!
But the banks don’t want to give yield on stable coins instead they want to pay less than one percent?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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