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Gavin Newsom moves to neutralize tax on billionaires
(www.politico.com)
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this post was submitted on 13 Jan 2026
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“Sowwy, but the porks will keep their tax exemption. If I taxed them they would go on strike and take away jobs in protest! Unionization doesn’t work, btw.”
similar thread on r/california right now, take a shot for every comment you see discussing how they're against a wealth tax because of muh capital flight
let the alcohol poisoning free me from this place
I love how they completely gloss over the fact that you can't just rip up all of the assets that you own in a particular location and bring it with you. Fine. Leave. Forfeit all of the assets you can't load onto a plane.