Comment by kccqzy
2 days ago
The amount here is not immaterial. Which is why this tax won’t be like other taxes predicted to cause individuals to move.
2 days ago
The amount here is not immaterial. Which is why this tax won’t be like other taxes predicted to cause individuals to move.
If you're a billionaire, it's going to have precisely no impact on your lifestyle. It's a non-issue.
California, more so than other places, have a lot of paper billionaires living a middle-class lifestyle because these billionaires are tech founders that hold illiquid ownership in their own startups.