1. United States
  2. Calif.
  3. Letter

Tax the Rich

To: Asm. Caloza, Gov. Newsom, Sen. Durazo

From: A constituent in Los Angeles, CA

March 25

There must be a tax on billionaires. Elon Musk is closing in on becoming a trillionaire. By his own admission, his money got Donald Trump elected. No person should have the ability to buy the presidency. No person should hoard that much money while Californians go hungry and homeless. It's time to end class disparity. Tax rates should be at least 40% for profit from 100-999 million and 75% on all profit over 1B.

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