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Don't live in the US but this bit really stuck out: "Marking to market unrealized capital gains".

This is what happens people of questionable literacy and comprehension levels start proposing laws.



Unclear writing and mistakes may indeed be present, but it is quite bold to question their literacy.

In any case, that article references now removed text from the bill. The current text of the bill can be found at its source: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml...

Why this article hasn't been updated I cannot say; but I have doubts about the motives of the author given the "pedigree" of this news agency.

"The California Globe, founded by an associate of Trump’s son-in-law Jared Kushner, describes itself as “pro-growth and pro-business, non-partisan and objective” — but serves up a steady diet of conservative news and opinion." - https://www.sacbee.com/news/politics-government/capitol-aler...


Non-partisan doesn't mean it doesn't have a viewpoint, it means it isn't a mouthpiece for a political party. That description basically says they're a conservative outlet that doesn't toe the Republican line.


Non-partisan means nothing when it's self ascribed. It's a political marketing term.


it was the first google result for AB 71. I was doing a google search on Assembly Bill 71. Not for Jared Kushner.




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