Proposed California wealth tax sparks debate: Will billionaires leave the state?
https://www.npr.org/2026/08/20/nx-s1-5935597/california-billionaires-wealth-tax-sergey-brin?unified=true&renderPlatform=nprone_ios
21 points · 6 comments · view on lemmy.world
6 Comments
core@leminal.space · 8 pts · 13d
No they won't.
trevor@lemmy.blahaj.zone · 5 pts · 13d
But I wish they would
ChicoSuave@lemmy.world · 3 pts · 13d
Who the fuck cares what cancer thinks? Fuck yes we want Billionaires to leave. Their entire worth is wrapped up in the valuation of their companies, which do their best to avoid paying taxes anyways and are a drain when they inevitably need a bailout. When they don't have the richest state backstopping their flops like VR and Crypto and voice assistants and AI they will die and the world will have fewer parasite.
Zachariah@lemmy.world · 2 pts · 14d
Does it matter? If they stay, they get taxed. If they leave, they’re someone else’s problem now.
OwOarchist@pawb.social · 1 pts · 13d
If only they would...
resipsaloquitur@lemmy.cafe · 1 pts · 12d
Stop selling me on this bill.