A One Percent Wealth Tax

[USS_Dauntless]

The greatest tragedy in the history of the world.

Billionaires including Peter Thiel, the tech venture capitalist, and Larry Page, a co-founder of Google, are considering cutting or reducing their ties to California by the end of the year because of a proposed ballot measure that could tax the state’s wealthiest residents, according to five people familiar with their thinking.

https://www.joemygod.com/2025/12/oligarchs-may-flee-ca-over-proposed-1-wealth-tax/

Boo hoo hoo hoo!

[msongs]

1. like all the wealthy ppl leaving NYC soon? hmmm

[RainCaster]

2. Don't let the door hit ya...

Where the good Lord split ya.

[KT2000]

3. That should make up for some

of their deductions and exemptions on their federal taxes. Washington is considering such a tax and the babies are crying bitter tears. There is no income tax here so they are skating by pretty easily but that is not enough for them. They are the most special people of all time.

[LudwigPastorius]

4. Oh no!

If implemented, his net worth of $27.5 billion would probably not even drop.

It just wouldn’t grow quite so fast.

[byronius]

5. Sad little billionaire babies.

Get ‘em out!

[dutch777]

6. Not that it will happen but need an international wealth tax regime that doesn't allow locational evasion