Proposal for a one-time 5% tax on billionaires in the state is opposed by Silicon Valley tech titans and Gavin Newsom
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If they keep opposing it, they should amend it to a recurring tax, and if they still keep opposing it, they should make it 10% and just keep upping the ante until the billionaires learn to shut the fuck up and sit down. Non-tech giants out-number the tech giants by FAR more than enough to pass the legislation.
If Gavin newsom is against it these days it’s probably something you should do
Surely all the billionaires who live in Wyoming and simply vacation to California 12 months a year won’t be bothered by this?
Oh no! A whole 5% of your parasitic gains that you didn’t work for? Won’t someone please think of the billionaires!




