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re: It looks like California’s billionaire tax is going to fail.
Posted on 11/4/26 at 10:43 am to OysterPoBoy
Posted on 11/4/26 at 10:43 am to OysterPoBoy
Disappointed 
but billionaire usually game the system well
but billionaire usually game the system wellThis post was edited on 11/4/26 at 11:43 am
Posted on 11/4/26 at 10:54 am to ParkRanger
quote:
So not a lot.
You should look at the amount of wealth those who left took with them. It was something stupid like ~40%. Just because of those who left, the tax becoming a subject cost california massively and will be a big net loss whether or not it passed.
Posted on 11/4/26 at 11:26 am to ParkRanger
Goggle told me there are 250 billionaires in California. Less than 1% would be 0, 1 or 2. Google further told me that 6 have left, and 15 or 20 have started proceedings to leave. Six would be 2.4%, so you are way wrong. Twenty more would put the number at 10%, but that probably won’t happen now that the tax failed.
Posted on 11/4/26 at 11:55 am to ParkRanger
quote:
quote:
taxing billionaires more isn't going to magically improve their lives
It isn’t going to magically make their lives worse, either
Check out this commie.
Posted on 11/4/26 at 11:56 am to OysterPoBoy
quote:
California’s billionaire tax
Seems antisemitic
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