Eat the rich.

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[–] 21 points 12 hours ago* (last edited 9 hours ago)

But I thought billionaires would flee if we taxed them. Are you telling me there are other compelling reasons that they might wish to stay? Weird, my billionaire paid media told me otherwise.

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  • [–] 58 points 14 hours ago (4 children)

    Zuckerberg, worth $239bn according to Forbes, told Meta he was considering moving his primary residence elsewhere because Prop 40 could expose him to a massive tax liability, potentially forcing him to sell voting shares to pay it. In response, Meta is creating a new class of non-voting shares via a two-for-one stock split for all existing shareholders. This will allow Zuckerberg to sell some of this new class C shares to pay a potential tax bill, without diluting his control of the company.

    How scummy.

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  • [–] 21 points 14 hours ago (3 children)

    What the actual fuck is the point of non-voting shares apart from bailing out one massive douche?

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  • [–] 17 points 14 hours ago (2 children)

    Haha, they think a one time billionaire tax can’t happen again.

    Californians know these people are parasites and are going to keep coming after them until they are gone.

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  • [–] 2 points 13 hours ago (1 child)

    And Meta will keep paying Zuck.

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  • [–] 3 points 11 hours ago

    Which will drain their available assets and put them into a state which could use a fresh influx of cash to deal with the multiple impending natural disasters along with the ongoing nearly-perpetual drought. So both him and his company lose money, shrinking him year over year.

    Let the fuckboy run his fuckboy company. The rest of the world is sick of his shit, too. Nobody will have any sympathy for him as he slowly realizes he's been a regular smelly greasy human just like the rest of us. And when societal order collapses, his compounds won't count for shit. He will be eaten one way or another.

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