In contrast, if Prop 40 passes millions of people hurt by the federal tax cuts for billionaires will be helped.
—
Teresa Ghilarducci,
Forbes.com,
23 Aug. 2026
With the volatile stock market generating huge gains in recent years for Connecticut’s millionaires and billionaires, residents at the other end of the economic spectrum are struggling.
—
Christopher Keating,
Hartford Courant,
23 Aug. 2026
With the volatile stock market generating huge gains in recent years for Connecticut’s millionaires and billionaires, residents at the other end of the economic spectrum are struggling.
—
Christopher Keating,
Hartford Courant,
23 Aug. 2026
Furthermore, millionaires should be more sensitive to tax differences between states than billionaires.
Not to mention a conga line of billionaire tech, real-estate, and finance plutocrats paying feasance to a faux populist in exchange for contracts, pardons, and sundry favors.
The moral of the story isn't really about socialism, though, but about the very real pain in store for American households from the bond market if the actually-in-charge capitalists don't get their act together.
—
Matt Peterson,
CNBC,
18 Aug. 2026
What’s interesting to me, though, is every generation since the original countercultural capitalists—the baby boomers—has expressed some version of this antipathy.
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