\u201cCalifornia crypto startup moves to South Dakota as debate over proposed wealth tax heats up,\u201d<\/a> Jan. 21)?<\/p>\nI\u2019m beginning to warm up to the proposed ballot measure to levy a one-time tax on California\u2019s billionaires. It seems like a great vehicle to rid the state of greedy, selfish and pampered residents.<\/p>\n
Fred Gober, Playa Vista<\/p>\n
..<\/p>\n
To the editor: The proposed tax on billionaires should be 3%, not 5%. Generally speaking, billionaires would no doubt pay no taxes if they could and, with numerous loopholes already, they pay a low relative rate.<\/p>\n
But at a tiny 3% for just 200 billionaires, even a billionaire at the lower end of the scale might feel that is a fair additional tax for all their \u201chard work.\u201d It would help the other vast majority of taxpayers with lower taxes. Would any billionaire with a sense of shame argue against that?<\/p>\n
Steve Watson, San Clemente<\/p>\n","protected":false},"excerpt":{"rendered":"Jan. 22, 2026 8 AM PT To the editor: Oh no! How will we ever recover from the…\n","protected":false},"author":2,"featured_media":144864,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,9,8],"class_list":{"0":"post-144863","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-california","8":"tag-california","9":"tag-california-headlines","10":"tag-california-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/144863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=144863"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/144863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/144864"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=144863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=144863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=144863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}