2026-01-02 01:27:18

California's wealth tax proposal reveals a classic policy paradox. Tax the high-net-worth individuals who generate the most wealth—and they relocate. Result? The tax base shrinks, forcing authorities to expand the net and target the broader middle class. It's a wealth migration trap that reshapes the entire tax structure.

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AlphaWhisperer

· 5h ago

It's the same old story again: the wealthy evade taxes, and in the end, the middle class gets hit. A classic case of policy suicide.

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BlockBargainHunter

· 5h ago

This is a typical case of killing the goose that lays the golden eggs... When the wealthy run away, it’s still the middle class that gets slaughtered.

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ShitcoinConnoisseur

· 5h ago

This tax trap is really incredible—wealthy people run, and the middle class has to take the hit.

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DAOdreamer

· 5h ago

Typical "cutting leeks" scheme, high-net-worth individuals fleeing, and in the end, it's still ordinary people who pay the price...

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OnChainDetective

· 5h ago

nah, classic wealth flight pattern—seen this transaction flow before. once you squeeze the whales, they just hop jurisdictions. data shows it every time.

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