Let them
It’s a win-win.
It would create much more jobs to have competition in the markets that billionaires control
Good
California created these evil tech monsters. This should have been done decades ago but it’s badly needed. Bye Felicia. I can’t wait until they hide in their graves…I mean bunkers
Tax the shit out of them, until they do leave, and go to a state that will cater to their every whim. Eventually, they’ll all end up in Texas, where they can exploit anyone and everyone stupid enough to remain there and take it.
No. They won’t.they said the same in MA, they sais the same in CT, they said the same in NY, and forever in NJ.
Stop trying to make them leave because for them there’s nowhere to leave.
They always say that but never do. They love their palaces and the local status it gives them. They aren’t going anywhere. Humans hate change.
“A Wealth Tax Floated in California Has Billionaires Pretending They’re Thinking of Leaving.”
There. Fixed the headline.
Direct any questions to The Myth of Millionaire Tax Flight by Cristobal Young, an actual comprehensive scientific study on the issue. You can guess from the title what the data showed.
A wealth tax floated in California has liberal media trying to convince billionaires to leave
Even more accurate
Is the ny times considered liberal now? I’m very out of the loop it would seem.
Heard the same shit about with mamdani in nyc. Dont belive the elite class propaganda.
Or do believe them and let them go. They don’t provide value. The extract it.
In fact, get a legally enforceable commitment to leave before the vote. Put a date on it.
1% of the estimated value of their assets assessed as a fine per day past the date, increasing a percent each day.
Especially when for a lot of them their value is tied up in ownership of land. If the land they own is in California… They can’t take those assets with them.
Came here to say this.
Just let them leave if they really wanna. But where are they going to go, really?
The billionaire and centimilliionaire class should be getting on the ground and kiss the ground in thankfulness for what this country - and specifically, certain states - have done for them.
These ungrateful pieces of shit cannot ever have enough though, apparently.
Riiiight… like Zuck is just gonna give up and sell all the land he’s buying in Palo Alto with all the money in the compound he’s building.
They won’t though. Whiny babies
They won’t. But this is why all of America should tax billionaires. And the individuals that do leave, those are the problem in your country and state… if they leave you don’t want them there in the first place, other states shouldn’t want them either. Greedy bastards.
Tax is to keep all in balance, cause they profit from all, they should give some back… there needs to be a balance.
They said the same in Massachusetts and then didn’t https://www.wonkette.com/p/massachusettss-millionaire-tax-still
And NYC
Same for New Jersey.
They won’t. They won’t pay to completely recreate things like Silicon Valley and Hollywood elsewhere.
Just like they’re not leaving New York despite saying they would. All the Finance infrastructure is there, they won’t recreate it from scratch elsewhere.
And even if they did, if the global workforce protested and demand governments tax billionaires extremely heavily, then they’ll have nowhere to go, and will have to pay their fair share of taxes.
What if we just leave a few small islands where they dont pay taxes and tie it to the condition of them living there. Then all the billionaires are in one place and
become easy targetscould potentially get into some accident
Oh no! The people who hoard all the money and don’t pay taxes might leave?
