Comment by jdlshore
2 days ago
I’m not convinced billionaires “create jobs” in any meaningful numbers.
Sure, the companies that made them wealthy do, but the billionaires themselves? Doubt.
So if the only consequence of this is that the billionaires flee to Texas, with its regressive taxes, and take the wealth inequality and corruption that goes with them… I’m not seeing that as a bad thing.
Depends on the billionaire. If it's someone with a large chunk of a large company, each billion dollars represents hundreds of skilled people employed to do something. If a state is hostile, then why not move that activity? And that's before the direct lobbying at a federal level.