California

I missed the reference to the one time tax. You've given me something to research further.

Second, I didn't say you stated you were against it but I questioned your implication by criticizing the bill and I wanted a clearer understanding of the bill.
I must admit, once I see "tax the billionaires" I become very excited about having the opportunity to do just that. I really have to slow down and pay attention to more details.

A one time tax is just a patch for a budgetary gov't screw-up. We need a sustainable tax. I don't see how they an retroactively reassess property taxes previously purchased since Howard Jarvis's Prop 13 from the 1970's is law.
Only moving forward can they possibly establish a luxury tax on properties over a certain amount or supplemental taxes on homeowners of multiple properties like hedge fund investments.