Received a mailer from a group called **Californians to Protect Retirement and Life Savings** which included a petition to support an initiative to prohibit the enactment of any law that "taxes the ownership or control of personal property (including retirement accounts, financial assets, investment accounts)."
Google Gemini says that:
"Th[is] organization is part of a broader coalition called **Building a Better California**. This coalition is heavily funded and organized by a group of prominent Silicon Valley tech leaders and #billionaires.
These leaders have collectively committed tens of millions of dollars to this and two other related initiatives. Their primary motivation is to preemptively block or weaken the **"California Billionaire Tax Act,"** a competing union-backed proposal that would impose a one-time 5% "emergency tax" on residents with a net worth over $1 billion."
So, be advised that this is a #scam! 😡
**See: **https://gemini.google.com/share/e9c25e675dca
**See also:** https://chatgpt.com/share/69d1c28c-eb30-83e8-9afd-fa3a005bee2b






