In Reply to: So if Prop 40 losses, they can never raise taxes? posted by amadbruin on October 14, 2026 at 13:15:48
My take is most of the people that disagree don't understand it they're believing the billionaire funded ads that say they will come after you next. I truly don't think many people actually think it's not fair to tax billionaires more.
I think they did a REALLY good job in the ads of scaring people. We just saw a 42 ad on youtube and my wife immediately said are you sure we were right to vote no on that it says they're going to tax our IRA and savings. Of course nobody is actually proposing doing that the point of 42 and 41 is to make 40 illegal without people knowing that's what they're doing. They are voting yes to protect their 401K, without knowing it would also block the billionaire tax
I've had a bunch of people on Nextdoor call me a liar on that one and then when I print the part that shows it would void 40 if it gets more yes votes than 40, they are already convinced it's bad so they ignore it.
Last I heard 40 was still polling Yes but below 50 percent, it needs more than half to take effect so I hope it does pass.