Prop 40 here in CA would tax billionaires...I get it 41 NO But 42, from what I understand, would tax us on our retirement accounts before we take the money out. So for people who understand this kind of backwards crap, does that mean we get taxed yearly if we make money in those accounts even if they go down in the future before we take the money out? Help, because I'm feeling like this shit was all put in place to nullify 40 for those of us who need our retirement accounts to actually retire and I can't afford to pay more taxes on something I haven't touched yet
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Replying to @doggintrump
Billionaires put both 41 & 42 on the ballot. It’s a desperate scare tactic. Don’t fall for it… because passing either one will negate Prop 40 (the one time billionaire wealth tax). Vote YES on Prop 40 Vote NO on BOTH Props 41 & 42

Oct 7, 2026 · 1:36 AM UTC

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