From: fedora@fea.st
On Sat, 21 Feb 2026 23:40:00 +0000, Julian
wrote:
>On 21/02/2026 16:56, Wilson wrote:
>> On 2/21/2026 2:28 AM, dart200 wrote:
>>> On 2/20/26 11:53 AM, Dude wrote:
>>>>
>>>> A 5% California wealth tax on a $1 billion net worth would result in
>>>> a $50 million tax liability!
>>>>
>>>> This proposed one-time tax targets the approximately 246 billionaires
>>>> in the state, potentially costing them between $50 million and $13
>>>> billion each, depending on their total wealth.
>>>>
>>>> Does anyone except the Teamsters Union think this is a good idea?
>>>
>>> i hope they leave
>>>
>>> billionaires don't spend their money in ways that are useful to local
>>> economies, and they have a lot retarded ways to not actually pay tax.
>>>
>>> in fact they buy up excess property making it harder for everyone else
>>> they leave, so better that they don't try to live here
>>>
>>
>> So how much property, income & sales tax do the billionaires pay to the
>> bottomless state budget pit that's Kalifornia?
>
>I guess at some point, on this trajectory, some shareholders might be
>moved to sue companies that don't relocate from Kalifornia for breaching
>their fiduciary duty to maximise returns on investment?
>
>In the UK publicly listed companies are legally obliged to maximise
>profit... which is why, for instance, they are frantically unravelling
>their DIE extraordinary popular delusions and the madness of crowds.
Delusion and madness is not escaped so easily.
--
Noah Sombrero mustachioed villain
Don't get political with me young man
or I'll tie you to a railroad track and
<<>> to <<>>
Who dares to talk to El Sombrero?
dares: Ned
does not dare: Julian shrinks in horror and warns others away
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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