XPost: alt.business, sac.politics, alt.politics.trump   
   XPost: alt.politics.republicans, alt.politics.economics   
   From: leroysoetoro@americans-first.com   
      
   https://nypost.com/2026/02/19/us-news/legendary-director-steven-spielberg-   
   is-the-latest-billionaire-to-flee-california-in-another-blow-to-state/   
      
   Steven Spielberg, phone home!   
      
   The legendary “E.T.” director and California resident has moved to   
   Manhattan amid a billionaire exodus from the Golden State — as voters eye   
   a controversial wealth tax.   
      
   But the move, first reported by the LA Times, allegedly had nothing to do   
   with the 2026 Billionaire Tax Act.   
      
   “Steven’s move to the East Coast is both long-planned and driven purely by   
   his and Kate Capshaw’s desire to be closer to their New York-based   
   children and grandchildren,” spokeswoman Terry Press said.   
      
   Press did not answer queries about Spielberg’s stance on the proposed tax,   
   which would slap a one-time 5% tax on individual fortunes exceeding $1   
   billion.   
      
   The tax, if approved by voters in November, would apply retroactively to   
   the beginning of this year.   
      
   Proponents argue it will raise tens of billions of dollars to go toward   
   the state’s health care shortfalls, while opponents — including Gavin   
   Newsom — argue it’ll force skinflint billionaires to leave the state.   
      
   Google co-founder Sergey Brin wants to kill the tax. He’s funding an   
   effort to build more opponents by appealing to California’s voting masses,   
   who so far overwhelmingly back the tax.   
      
   Brin’s group, Building a Better California, has raised $35 million in its   
   effort to protect billionaires from the tax man.   
      
   At the same time, he, other billionaires and tech titans are preemptively   
   moving out of California — and also spending top dollar in real estate to   
   protect their bottom lines.   
      
   Brin is shopping for a Miami home, as is his fellow Google co-founder   
   Larry Page.   
      
   Facebook founder Mark Zuckerberg, another longtime California denizen, is   
   also shopping for a Florida home, reports say.   
      
   Zuckerberg’s politics are slightly more fluid than those of Spielberg, a   
   true-blue Democrat who is one of the party’s most prominent fundraisers   
   and donors.   
      
   Other prominent lefties have championed it — including independent   
   socialist Vermont Sen. Bernie Sanders, who held a raucous Wednesday rally   
   in Los Angeles to drum up support.   
      
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   “Starting right here in California these billionaires are going to learn   
   we are still living in a democratic society where the people have the   
   power,” Sanders told the crowd.   
      
   “Never before in American history have we seen the kind of greed,   
   arrogance and moral turpitude.”   
      
   California Republicans have raised alarms that the tax on billionaires   
   will lay the groundwork for future levies on the less well-to-do,   
   especially if the mega-wealthy flee and shrink the tax base.   
      
   “So, they are saying it’s just for billionaires,” said Rep. Kevin Kiley   
   (R-California), who has introduced a congressional bill to prohibit   
   retroactive taxes.   
      
   “But of course it starts with billionaires and then they continue to lower   
   the threshold, ensnaring more and more people.”   
      
      
   --   
   November 5, 2024 - Congratulations President Donald Trump.  We look   
   forward to America being great again.   
      
   We live in a time where intelligent people are being silenced so that   
   stupid people won't be offended.   
      
   Every day is an IQ test. Some pass, some, not so much.   
      
   Thank you for cleaning up the disasters of the 2008-2017, 2020-2024 Obama   
   / Biden / Harris fiascos, President Trump.   
      
   Under Barack Obama's leadership, the United States of America became the   
   The World According To Garp.  Obama sold out heterosexuals for Hollywood   
   queer liberal democrat donors.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)