{"ok":true,"trend":{"id":775971,"platform":"mastodon","region":"global","key":"“the economists [who advocate for a california wealth tax] estimated that california’s 250 billionaires are collectively","title":"“The economists [who advocate for a California wealth tax] estimated that California’s 250 billionaires are collectively","url":"https://mas.to/@Avonan/117372985774538187","first_seen":"2026-10-02T20:36:28.463360Z","last_seen":"2026-10-02T20:36:28.463360Z","last_rank":9,"peak_rank":9,"last_volume":5,"peak_volume":5,"seen_count":1,"score":0.86578125,"category_hint":"us_politics","section":"world","category":"us_politics","summary":"Economists advocating a California wealth tax estimate the state's 250 billionaires are collectively worth $2.3 trillion. Their analysis found the income taxes these billionaires paid from 2019 to 2025 amounted to only 1.6% of their $1.4 trillion in wealth gains over that period. Supporters say the figures show the ultrawealthy are vastly undertaxed relative to their growing fortunes, fueling renewed calls for taxing unrealized gains.","why":"Renewed push for a California wealth tax using new estimates of billionaires' wealth gains versus taxes paid.","tone":"neutral","entities":["California","California billionaires","wealth tax advocates"],"summarized_at":"2026-10-02T20:38:31.860553Z","meta":{"tag":"uspol","via":"scan","kind":"status","lang":"en","instance":"mastodon.social","tag_uses":606},"nw":null,"promo":null,"kind":null,"importance":null,"hidden":false,"hide_reason":null,"judged_at":null,"title_en":"California's 250 billionaires worth $2.3 trillion, wealth tax debate reignites","section_name":"World","category_name":"US Politics","timeline":[{"captured_at":"2026-10-02T20:36:28.463360Z","rank":9,"volume":5}],"posts":[{"platform":"mastodon","url":"https://mas.to/@Avonan/117372985774538187","author":"Avonan@mas.to","title":null,"snippet":"“The economists [who advocate for a California wealth tax] estimated that California’s 250 billionaires are collectively worth $2.3 trillion, & the state income taxes they paid amounted to only 1.6% of their $1.4 trillion wealth gain from 2019 to 2025. “The number of…","posted_at":"2026-10-02T19:33:51Z","likes":5}],"elsewhere":[],"window":"7d"}}