From: punditster@gmail.com   
      
   On 2/21/2026 6:51 PM, Noah Sombrero wrote:   
   > 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.   
    >   
   That one way to run a railroad, but why not run at a profit?   
    >   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)