From: Wilson@nowhere.invalid   
      
   On 2/22/2026 4:09 PM, Dude wrote:   
   > On 2/22/2026 6:23 AM, Noah Sombrero wrote:   
   >> On Sun, 22 Feb 2026 09:06:53 -0500, 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   
   >>> value at all?   
   >>>   
   >>> The first cd players were going for $500 a pop.  These days most   
   >>> people have moved on to dvd.   
   >>   
   >> Tech is the poster child for planned obsolescence.   
   >>   
   > That honor probably goes to your ice truck: "On a clear day I can see   
   > General Motors." - John Z. DeLorean   
      
   These days everyone streams. The kids don't even know what a DVD player is.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)