From: Wilson@nowhere.invalid   
      
   On 1/14/2026 11:05 AM, Dude wrote:   
   > On 1/13/2026 7:21 PM, Dude wrote:   
   >> 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."   
   >>>>>> It looks like several major companies, including Oracle, Tesla,   
   >>>>>> Hewlett   
   > Packard Enterprise (HPE), and Charles Schwab, have moved their   
   > headquarters or significant operations out of California.   
   >   
   > Many have gone to Texas (Austin, Spring) and Colorado (Denver), citing   
   > factors like high taxes, regulations, cost of living, and business   
   > environment.   
   >   
   > Other notable moves include SpaceX, X (Twitter), Chevron, and Toyota,   
   > continuing a trend of relocations to states with lower operating costs   
   > and more business-friendly policies.   
      
   "It's fine, the Golden Goose cannot be killed, it will last forever no   
   matter how much we squeeze it!"   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)