From: user7160@newsgrouper.org.invalid   
      
   On 2/22/26 6:06 AM, Noah Sombrero wrote:   
   > On Sat, 21 Feb 2026 21:07:17 -0800, dart200   
   >  wrote:   
   >   
   >> On 2/21/26 3:40 PM, 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.   
   >>   
   >> i hope they relocate   
   >>   
   >> tech companies are vastly more replaceable they think   
   >>   
   >> their products categorically suck   
   >>   
   >> and they're bad *for* us   
   >>   
   >> someone who isn't replaceable is the likes of linux torvolds.   
   >   
   > linus torvalds.   
   >   
   >> worth in   
   >> true value more than the rest of the tech billionaires combined.   
   >   
   > True value, there is an interesting idea.  Is true value a matter of   
   > dollars, or is it something else?  Could it be that tech has no true   
      
   no, dollars measures price not value. not the same thing   
      
   > value at all?   
   >   
   > The first cd players were going for $500 a pop.  These days most   
   > people have moved on to dvd.   
   >   
   >>   
   >>    > price is just a number u sheeplfried moron   
   >>    >   
   >>    > #god   
      
   --   
   hi, i'm nick! let's end war 🙃   
      
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