California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth

2 months ago by VetOfTheSeas to c/billionaire

Billionaires have amassed a nine-figure war chest to defeat Proposition 40 as polls show California voters are nearly split on the one-time tax.
churrodestroyer 19 points 2 months ago

Wow, sure sounds like they have extra money lying around that they wouldn't miss if it were taxed.

path: 0 25362764, hotness: undefined, score: 19, children: 0
ironpangolin29 8 points 2 months ago

Okay. Say no?

I went to the bank one day, I says to the bank manager, I says to him, sir, I need an account opened for a shell llc to skirt the tax man a little extra for my own self, he says to me, no.

I says okay then.

Just say no.

path: 0 25362005, hotness: undefined, score: 8, children: 0
sportsjorts 7 points 2 months ago

Billionaires need to go they are parasites.

path: 0 25364543, hotness: undefined, score: 7, children: 0
lazynooblet 1 point 2 months ago

I keep seeing this same story with varying amounts. Wasn't it 100m a few days ago?

path: 0 25363837, hotness: undefined, score: 1, children: 2
JamesTBagg 3 points 2 months ago

Did you read the article?... Of course not. It mentions that 100 million dollar donation and that it's from a single billionair Google co-founder.

path: 0 25363837 25366562, hotness: undefined, score: 3, children: 1
lazynooblet 1 point 2 months ago

Only so many times I read the same news. Thanks!

path: 0 25363837 25366562 25372660, hotness: undefined, score: 1, children: 0
billionaire
billionaire

@lemmy.ca

login for more options
372
107
43

Post things your (least) fav billionaire does.

This used to be the Elon Musk sub, but in an attempt to boost engagement, we have engaged a new pathway.

You can post anything related to billionaires here.

Tags: Tesla, paypal, spaceX, neuralink, The Boring Company.

go to feed...