Why We March

Vilifying billionaires is popular. Losing them is expensive. Most made their fortunes building companies that employ thousands and solve real problems. Their wealth is largely stock in those companies, not vaults of cash.

California benefits enormously when entrepreneurs choose to build here. We're currently watching them leave.

The Billionaire Tax Act has already pushed the founders of Google to leave the state, taking their economic contributions with them. By taxing unrealized gains and voting shares, the act would make it difficult for founders to retain control of their startups.

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[–] 77 points 7 months ago (3 children)

We say that *everyone* should be a billionaire.

the economics understander has logged on

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  • [–] 56 points 7 months ago (3 children)

    Calling it: this bloke is a marketing student studying for an MBA and one of his set tasks is to sell an unpopular viewpoint.

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  • [–] 31 points 7 months ago (2 children)

    Photographed is Garry Tan, CEO of Y Combinator. From https://missionlocal.org/2024/01/garry-tan-death-wish-sf-supervisors/

    District 5 Supervisor Dean Preston, whom Tan has pledged $50,000 to unseat through a “Dump Dean” effort, called Tan “toxic and hateful” and asked whether Tan “wants me to die because I stop evictions, house homeless families, and tax the rich?”

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  • [–] 9 points 7 months ago

    District 5 Supervisor Dean Preston, whom Tan has pledged $50,000 to unseat through a “Dump Dean” effort, called Tan “toxic and hateful” and asked whether Tan “wants me to die because I stop evictions, house homeless families, and tax the rich?”

    he does, he does

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  • [–] 35 points 7 months ago (1 child)
  • [–] 33 points 7 months ago (1 child)

    everyone should be a billionaire

    Cool, so you're fine with wealth distribution right?

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  • [–] 29 points 7 months ago* (last edited 7 months ago)

    Actually, I’m for this. Make chuds be the ones constantly explaining and on the defensive. It ain’t the 2000s anymore so their “happy porks = utopia. Basic economics librul” isn’t as powerful.

    Every “populist” turns into the smuggest, most insufferable technocrat when we discuss economics. Let them be the ones appealing to “I’m the expert, trust the (social) science!” or “it’s complicated, you wouldn’t understand.”

    Chuds “fucking love economics” the same way they accuse us of “fucking loving science”. Let us be the anti-intellectuals making the short, quippy arguments they have to spend walls of text explaining.

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  • [–] 25 points 7 months ago*

    The balls to list Jeff Bezos as somebody who hasn't done any wrongdoing. He "Didn't steal from you." and "Built a store where you can get nearly anything delivered to your doorstep, tomorrow." from somebody who hasn't worked in those fucking warehouses. They stole 6 years of my life and denied me the college tuition they promised. I got yanked along and called a hero and never got any of the help they promised when I signed up.

    "Didn't steal from you" Fuck off.

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  • [–] 24 points 7 months ago (3 children)

    Zohran's campaign made a grave mistake in not trademarking his colorscheme and font. Also, I would like to draw attention to Garry Tan's bookshelf. If you ever see Elon Musk, Peter Thiel, Nick Bostrom and a Boom Supersonic sticker on someone's bookshelf, running away is your best course of action.

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  • [–] 22 points 7 months ago (1 child)
  • [–] 22 points 7 months ago

    Astroturfing is the deceptive practice of hiding the sponsors of an orchestrated message or organization to make it appear as though it originates from, and is supported by, unsolicited grassroots participants.

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  • [–] 18 points 7 months ago

    we may have to start making excuses for the lack of terror

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  • [+] 17 points 7 months ago* (last edited 4 months ago)
    [–] 17 points 7 months ago (1 child)

    I'm tempted to make something like this, a professional suck up company, invite lots of bourgeois wealth, then do a sudden heel turn.

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  • [–] 16 points 7 months ago

    I saw that yesterday and I assumed it was viral marketing.

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  • [–] 13 points 7 months ago (8 children)

    What makes you say this isn't a bit?

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  • [–] [S] 18 points 7 months ago (6 children)

    It at least seems like the usual weirdos are taking it seriously.

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  • [–] 25 points 7 months ago (4 children)

    The most gullible people on the planet believing it isn't a useful datapoint imo

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  • [–] 14 points 7 months ago* (2 children)

    Literally just “let’s have no government and we will do whatever we want!”

    Who’s going to fill that power vacuum?! honk

    WHO’S GOING TO FILL THAT POWER VACUUM?!? honk-enraged

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  • [–] 12 points 7 months ago

    Call me when it's a March ON Billionaires

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  • [–] 12 points 7 months ago (4 children)

    i should go to that march with some cream pies and eggs

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  • [–] 9 points 7 months ago

    Sowlidarity forever.

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  • [–] 8 points 7 months ago

    They will never in a billion years get a single billionaire to march and protest for their right to exist.

    If it really isn't about class, then why should everyone be a billionaire? Ignoring the obvious jokes about Zimbabwean dollar.

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  • [–] 4 points 7 months ago

    Seems to be associated with this HUGE twitter account: https://x.com/probillionaires

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  • [–] 2 points 7 months ago (1 child)