r/northcounty • u/VegetableArtistic705 • 1h ago
Don't fall for the No on 40/Yes on 42 propaganda. It is funded by billionaires!
We're all familiar with Prop 40 by now, but did you know Prop 42 is designed to cancel it out? There are endless commercials lying about "Sacramento taxing your retirement" and it's all bullshit. The lowest tier they've tried to tax is incomes of $400K a year or more, and even that isn't the norm. It would be political suicide to try and and tax middle class savings, especially in this economy. This is intentionally designed to make you scared so that even if you vote yes on Prop 40, Prop 42 will cancel it out.
Billionaires have dumped a hundred million dollars into these campaigns hoping it'll scare you enough to protect them. No one is coming for your savings, they just don't want to pay their fair share. DON'T FALL FOR IT!!!!