having to do what California is doing. Californiaans a week ago or so just recently took a bill

to the Attorney General that they want it to be on the 2026 November ballot for people to vote for

to give 5% tax on anyone that's worth a billion dollars or more in the state of California,

effective January 1st, 2026.

So if you live in California as of 1-1-2026, and you're one of the 199 billionaires

that lives in California, they don't want to take you five, tax you 5% of your net worth,

not your cash, net worth. This is unrealized gains. This is you own a company worth 400 million

dollars. They want to tax you 5% of that, whatever equity you own. And what they're saying

they want to do with this is that's going to give them $100 billion. Of the $100 billion that they collect from billionaires to $199, they want to take $90 billion and put it on their broken health care system that they have. And they want to take $10 billion and put it on their broken education that they have, which most likely this stuff is going to go to illegal immigrants

that are coming. It's not going to go to the people that really need. It's going to go to others.

And then, by the way, check this out. The number that some people are come on, this is not going to happen.

There's no way people going to vote for this and all this other stuff. They need 875,000-ish

signatures by spring of 2026 is what they need to make it on the ballot.

If they get the 875,000 signatures, which by the way, how hard is it?

You got 40 million people living in California.

Only 199 people are going to be affected by this.

Do you not think out of the 40 million people that live in California,

they can find 875,000 to vote to destroy this 199?

Don't you think they're going to be able to pull that off?

Of course they're going to be able to pull that off.

So the question then becomes,

what the hell is California thinking?

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