California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
https://fortune.com/2026/08/18/california-billionaires-chris-larsen-john-doerr-40-million-fresh-funds-building-a-better-california-proposition-40/
97 points · 6 comments · view on lemmy.world
6 Comments
churrodestroyer@lemmy.zip · 19 pts · 15d
Wow, sure sounds like they have extra money lying around that they wouldn't miss if it were taxed.
ironpangolin29@lemmy.ca · 8 pts · 15d
Okay. Say no?
I went to the bank one day, I says to the bank manager, I says to him, sir, I need an account opened for a shell llc to skirt the tax man a little extra for my own self, he says to me, no.
I says okay then.
Just say no.
sportsjorts@lemmy.zip · 7 pts · 15d
Billionaires need to go they are parasites.
lazynooblet@lazysoci.al · 1 pts · 15d
I keep seeing this same story with varying amounts. Wasn't it 100m a few days ago?
JamesTBagg@lemmy.world · 3 pts · 15d
Did you read the article?... Of course not. It mentions that 100 million dollar donation and that it's from a single billionair Google co-founder.
lazynooblet@lazysoci.al · 1 pts · 15d
Only so many times I read the same news. Thanks!