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|    alt.buddha.short.fat.guy    |    Uhhh not sure, something about Buddhism    |    155,846 messages    |
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|    Message 154,159 of 155,846    |
|    Dude to All    |
|    Re: Nearly $1 trillion in wealth fled Ca    |
|    13 Jan 26 19:21:19    |
      From: punditster@gmail.com              On 1/13/2026 5:04 PM, dart200 wrote:       > On 1/13/26 1:37 PM, Wilson wrote:       >> On 1/13/2026 2:46 PM, dart200 wrote:       >>> On 1/13/26 11:39 AM, Wilson wrote:       >>>>       >>>> California lost nearly $1 trillion in wealth in the past month alone       >>>> thanks to fears over its proposed Billionaire Tax, according former       >>>> Facebook exec Chamath Palihapitiya. "That means the $2T of       >>>> California wealth they expected to tax is now down to $1.3T and       >>>> falling quickly. I would not be surprised if 2026 ended with less       >>>> than $1T of billionaire wealth in California and decades and       >>>> hundreds of lawsuits. A complete and total unforced error. Where was       >>>> the Governor? Where are our leaders??"       >>>>       >>>> The mere fear of the possibility of the measure, which could go to       >>>> the polls in November 2026 with its potential start date retroactive       >>>> to the beginning of the year, has reportedly caused many of       >>>> California’s roughly 215 billionaires to buy homes in Florida,       >>>> Texas, and Tennessee and relocate some of their company offices out       >>>> of state, too.       >>>>       >>>> While California had previously been the promised land for tech       >>>> titans, more than 45 LLCs in the state tied to Google co-founder       >>>> Larry Page have recently filed to go inactive or relocate out of       >>>> state, as a trust linked to him purchased a $71.9 million mansion in       >>>> Miami’s Coconut Grove.       >>>>       >>>> Last month, an entity linked to Google co-founder Sergey Brin also       >>>> either dissolved or relocated 15 California LLCs overseeing his       >>>> business interests and investments to Reno, Nev.       >>>>       >>>> In-N-Out CEO Lynsi Snyder meanwhile relocated to Tennessee and       >>>> established a second corporate office there.       >>>>       >>>> "If they don’t kill this ballot initiative and entice those folks to       >>>> come back, the California budget will be massively upside down",       >>>> Palihapitiya wrote. The only place to get the money is to cut waste,       >>>> fraud, and abuse or increase taxes on the middle class. The latter       >>>> is much simpler than the former."       >>>       >>> unfortunately to actually tax the rich we'll need a global       >>> organization to do it,       >>>       >>> idk when lefties will recognize we need an unifying global identity       >>> that drives to be as inclusive as possible...       >>>       >>> this whole trying to alienate others, for what purpose i do not know,       >>> will never build the support we need to actually redistribute the wealth       >>>       >>       >> While you're rebuilding all of the leftists and humanity too, take a       >> moment to look at what it takes to incentivize people to do things       >> that everyone else thinks are probably impossible but in the end       >> provide immense value.       >>       >       > i'm personally motivated by how fucking retarded using markets to drive       > software dev and maintenance has been       >       Rep. Ilhan Omar Calls Elon Musk 'One of the Dumbest People on Earth'              https://twitchy.com/              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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