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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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