He is referring to it as an "asset seizure" because he already paid incomes taxes on this amount. Prop 30 was passed late in the year, after most of this income

He is referring to it as an "asset seizure" because he already paid incomes taxes on this amount. Prop 30 was passed late in the year, after most of this income was made. If we classify this as a tax, then all true asset seizures could be reclassified as such if we just apply tax rules to earlier and earlier tax years. Remember, the constitutional prohibition against "Ex Post Facto" laws doesn't apply here.