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The Socialists are coming for America's Middle Class Last week, the Besties discussed how California's "Billionaire Tax" was really a socialist Trojan Horse to go after the private assets of the middle class. Why? Total net worth of US billionaires: $8 trillion Total net worth of everyone else: $170 trillion As @DavidSacks says in the clip below, "The real money is in the middle class." @chamath: "They need a way to open the door so they can go after the real honeypot." @friedberg: " The real goal of this is to create, for the first time in American history, a private property asset seizure tax." This week, some old tweets and clips went viral from Zohran Mamdani's new director of NYC's Office to Protect Tenants, Cea Weaver. Weaver, like Mamdani, is a member of the Democratic Socialists of America. She has since deleted her account. Some choice quotes: -- "Impoverish the *white* middle class" -- "Homeownership is racist" -- "Private property including any kind of ESPECIALLY homeownership is a weapon of white supremacy" -- "We're going to transition from treating property as an individual good to a collective good" -- " Families, especially white families, but some POC families who are homeowners as well, are going to have a different relationship to property than the one that we currently have" The state of things: A first-of-its-kind private asset seizure tax is on the ballot in California. NYC's socialist mayor just appointed a new tenant advocate who believes owning a home is "racist" and wants to change the nature of property from an "individual good to a collective good."
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