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California ‘billionaire tax’ makes ballot despite opposition from tech moguls
(www.theguardian.com)
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this post was submitted on 20 Jun 2026
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Every state where, "the money goblins will leave if X!!!" is threatened, that state ends up having more millionaire/billionaires after X happens.
And when they "leave" they don't leave, they buy another vacation home, their business interests stay put.
And of course, wherever they are, they aren't paying taxes. And you are paying their energy /water bills.
I don't know about their business interests moving. A lot of them incorporate in Nevada and Delaware to get out of specific ~~taxes~~ social obligations.
You know it. And I do.