The solution is to have a computer program draw congressional districts but neither party wants it because they like gerrymandering as long as it benefits it benefits their party.

From https://www.forbes.com/sites/nathangoldman/2025/11/14/can-a-5-wealth-tax-on-200-billionaires-save-or-sink-california/

The most common issue raised by skeptics of wealth taxes is “capital flight”. As discussed in a Tax Notes article, “such a tax would signal to wealthy taxpayers that they should reside elsewhere.” This article goes on to discuss that high-income taxpayers pay the majority of state income taxes in California, and even if a small number of those individuals leave, it could lead to long-term tax collection consequences.

This concern has been underscored by numerous academic studies. Most recently, an NBER working paper co-authored by Jakobsen, Kleven, Kolsrud, Landais, and Munoz finds that 1 one percentage-point increase in the top wealth tax rate in Sweden and Denmark leads to an outward migration of wealthy taxpayers by two percent. Other work in the American Economic Review by Moretti and Wilson documents that variation in jurisdictional taxes significantly influences the location of talent, suggesting that higher tax burdens lead individuals to relocate.

From https://www.forbes.com/sites/nathangoldman/2025/11/14/can-a-5-wealth-tax-on-200-billionaires-save-or-sink-california/

In addition to concerns surrounding capital flight, there are numerous other concerns with imposing a wealth tax. For starters, it can be very difficult to value a taxpayer’s wealth. Naturally, a stock and securities portfolio maintains accurate valuations on a regular basis. However, real estate assets have much looser valuations, and some assets like artwork require professional assessments. When considering the entire portfolio of assets for California’s billionaires, it remains unclear as to how expensive it might be to value a taxpayer’s wealth accurately, not to mention how long it will be litigated once that taxpayer inevitably argues the valuation. Additionally, enforcing a wealth tax can create liquidity problems for taxpayers as they might have to sell assets to meet the tax liabilities, and it could lead to substantial tax planning that results in the taxpayers gaming the system, and thus, the proposal would not have the intended effect.

Then they will find a way to circumvent paying the billionaire tax.

They might leave. States such as Texas and Florida are probably encouraging them to come.

Because if they go they, they might not return.

From https://finance.yahoo.com/news/only-6-billionaires-left-california-073000585.html

Six of California’s 214 billionaires have been widely reported to have left the state in time to avoid a proposed 5% wealth tax—but that small cohort would have collectively generated $27 billion in tax revenue, roughly a fourth of the initiative’s projected $100 billion haul.

California tax is based on income. Consequently, the more income the higher the tax.

If that’s the case, how would the billionaire tax be effective?

Should NYC take that chance?

Since they have higher income, they pay more taxes. If they leave, that revenue will be gone. The rich do not have to flee New York, just NYC, but some will leave the state and take their businesses with them. See https://www.msn.com/en-us/money/smallbusiness/michael-goodwin-socialist-mamdani-s-tax-the-rich-war-cry-will-only-hurt-new-york/ar-AA22O4pf

It’s not going to work. Billionaires will simply leave California resulting in less tax revenue.

She won’t win. She’s too far to the left and married with no children. Andy Beshear would be a better Democratic candidate.

Good. Europe must help Ukraine. Don’t trust Trump. He doesn’t have Ukraine’s best interests in mind.

The Court is correct. Otherwise, the executive branch will have too much power.

The article is correct. Few people probably know that Totenkopf was the symbol of the 3rd SS Division. The Democratic leadership is out of touch. Platner is a better choice than Mills. Mills is too old. Now, the matchup is a young, military veteran against an old woman with no military service.

The treachery could be in secret. Trump and Putin could be making secret agreements. Trump is already moving troops out of Europe. Europe has to move away from Trump.

Possibly. This is what Europe should propose to Putin. Russia will withdraw from all land it seized from Ukraine after the 2022 invasion. NATO would be dissolved and replaced with a European alliance. Ukraine and Canada would be permitted to join but not the US. All sanctions against Russia will be lifted. Russia will not be required to pay reparations. If Putin doesn’t accept the proposal, the UK and France would send troops to Ukraine.

But since Putin is the one doing the fighting, Europe must negotiate with Putin.

Europe and Ukraine should realize that Trump cannot be trusted. Europe should negotiate with Putin regarding Ukraine.