The Google cofounder has severed ties between California and several of his business entities, including his family office.
I also want to live somewhere where they chase off billionaires.
Congratulations on the achievement!
When ultrawealthy and megacorps get out of the way, smaller increments from everyone else able can absolutely do great things, and more honestly, if vigilant.
It’s really cool how he made all this money in a state that had favorable conditions for his tech business and then wants to run away without paying his share for infrastructure. Asshole.
When shit like this happens, the state should be eminent domaining the shit out of the property he owns in California instead of letting him sell it for a profit. You can’t take it with you, biiiiiiiiiiitch!
Yup, “leaving” should mean selling everything, triggering a taxable event, otherwise the millionaire tax still applies.
That’s not how eminent domain works. At all.
Eminent domain is when the government forces someone to sell their assets to the government. In exchange, the government must pay them the fair market value.
In other words, the government would be the one paying them all that profit.
Yeah, the word to use here is civil forfeiture. “Oh but that’s not how civil forfeiture works”, well the way cops use it is not how it works either so I think we’re good.
Who cares? Silicon Valley/Palo Alto is still in Cali. No one cares about one whiney billionaire, that’s the thing. It will only get better for 99.999999% of the people if the billionaire is gone.
Congrats, California, you just got the proof that you made the right choices.
If you don’t want to contribute to success, you are not welcome.
So he wasn’t paying his share of taxes before, and he won’t be paying them now. Only difference is now he won’t also be a drain on the local resources. Seems like a win for californians to me.
Don’t be evil, Larry.
