The Wealth Cap in California not Wealth Tax ©M7C 2026
During the Biden Presidency I suggested a Wealth Cap on Billionaires. Anything over $300Billion would automatically be deposited in the Treasury as a Wealth Cap. A Cap is a maximum amount of money earned per individual. This excludes values of things like companies, real estate, or assets.
In this year’s election (2026) a 5% Wealth Tax is on the ballot. It is a one-time Capital Gains tax on assets not every year. The people who wrote it may have believed I am a Billionaire so they wanted me to pay CA 5% of my assets; what they didn’t know is I am classified top secret by the USA Govt., and as a result do not have this yet. The Billions data was leaked by people who were investigating me with a Private Investigator. I am an Author. I am not a businessman who owns a company. The Wealth Tax doesn’t apply here. I am owed money from the illegal sales of my first book (Eye of the Pharaoh ©1990, 1995 MJC) which is in the Billions according to the Secret Service / Department of the Treasury. Whoever buys or sells the first edition owes me royalties. I registered Copyright once I discovered the theft in 1994. As no one knew about it then there was no need to register it, as the Library of Congress had said that “any book written after 1989 was automatically protected by Copyright in the USA.” So the alleged “$990 Billion” the book generated is my property. This is not a delusion of grandeur because the USA Govt. told me this. Anyway I have other books.
The Wealth Cap was for California initially. I was alarmed by the amount of Billionaires being formed, who will buy up resources from the Middle Class. My “investments in real estate” (classified) prevented Billionaires from buying up property. There are too many Billionaires now. A Wealth Cap will prevent this from harming the economy. The Californian Economy would benefit from a Wealth Cap on earned income. Values of assets change every day and are not accurate for a Wealth Cap. Progressive Democrats agreed with my proposal. Instead they put the 5% Wealth Tax on the voting ballot. I cannot be taxed until I have direct access to my classified property (which is unlikely). I cannot force the USA Govt. to declassify this. If I had my classified property, I would make a Micro-State for Native Hawaiians or a theme-park with that in mind, that would give them work in Hawaii rather than on the Mainland. Hawaii is suffering from a Tourism economy, and now they hate Tourists. I can only write about it.
©M7C 2026
https://www.yahoo.com/news/articles/vance-announces-suspension-1-3-195502695.html













