Additional people have some chance of being in the phase-in range on 2026-12-31 (including some currently outside California) who may plan accordingly over the coming 14 months.
Additional people have some chance of being in the phase-in range on 2026-12-31 (including some currently outside California) who may plan accordingly over the coming 14 months.
To avoid a cliff, they phase in the 5% over $1B to $1.1B wealth. You pay $0 at $1B and 5% at $1.1B. That's $55M, or a 55% tax on tha $100M marginal wealth.
To avoid a cliff, they phase in the 5% over $1B to $1.1B wealth. You pay $0 at $1B and 5% at $1.1B. That's $55M, or a 55% tax on tha $100M marginal wealth.
forms.zohopublic.com/imaginela1/f...
forms.zohopublic.com/imaginela1/f...
Links:
instagram.com/p/DHWA8BWJHl6
washingtonsocialist.mdcdsa.org/ws-articles/...
instagram.com/p/DPUllyAjkxb
chatgpt.com/share/68e223...
Links:
instagram.com/p/DHWA8BWJHl6
washingtonsocialist.mdcdsa.org/ws-articles/...
instagram.com/p/DPUllyAjkxb
chatgpt.com/share/68e223...
As a result, a married couple, each 64 years old earning $83k, would gain $57,292 in 2026 if the enhanced subsidies are extended. They'd get some PTC with up to $756k income.
As a result, a married couple, each 64 years old earning $83k, would gain $57,292 in 2026 if the enhanced subsidies are extended. They'd get some PTC with up to $756k income.