In California, ‘Tax the Rich’ No Longer Just a Slogan
Commentary
At New York’s Met Gala last year, Alexandria Ocasio-Cortez infamously wore a white gown with “Tax the Rich” emblazoned in red across it. The irony that she wore it at an event not open to the common people she purports to represent, and that she started selling “tax the rich” sweatshirts on her website afterwards, was clearly lost on her.
Alexandria Ocasio-Cortez and Aurora James attend The 2021 Met Gala Celebrating in America: A Lexicon of Fashion at Metropolitan Museum of Art in New York City on Sept. 13, 2021. (Mike Coppola/Getty Images)
In most places, the slogan is dismissed as unserious, anti-American, communist lingo. But not in California, where it is now real. State Democrats just introduced a bill to impose an annual one percent wealth tax on anyone worth over $50 million. Under this plan, a person worth $50 million would pay the state an extra half million dollars every year for the privilege of living in California. The King, a.k.a. Governor Gavin Newsom, would then redistribute those monies to the peasants….