MC Raia
2.1K posts

MC Raia
@DrRaiaSD
Ph.D in Social Psychology. Exploring human behavior in relation to mental health.







California is now considering an “equity tax” as a workaround to Proposition 13—and the implications are serious. This wouldn’t just tax income. It would tax unrealized gains—meaning you could owe money on increases in value for assets you haven’t even sold. Think about that: Your home goes up in value? Taxed. Your retirement portfolio grows? Taxed. Crypto, stocks, small business equity? Taxed. All without actually receiving a single dollar in income. This fundamentally changes what it means to “own” something. It creates a system where appreciation—on paper—becomes a liability in real life. Whether you’re retired, working, or just trying to build something for your family, this kind of policy could hit far more people than advertised.
















I'll tell you what I tell everyone on the Shared Prosperity tour: 1. I'm the billionaire who will tax the billionaires. 2. I'm the guy who will close corporate tax loopholes. 3. I'm the guy who will insist on single payer health care. Please join us at our next stop in San Diego! tomsteyer.com/san-diego-town…








