sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days agoCalifornia ‘billionaire tax’ makes ballot despite opposition from tech mogulswww.theguardian.comexternal-linkmessage-square59linkfedilinkarrow-up1693arrow-down18
arrow-up1685arrow-down1external-linkCalifornia ‘billionaire tax’ makes ballot despite opposition from tech mogulswww.theguardian.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days agomessage-square59linkfedilink
minus-squareSnapz@lemmy.worldlinkfedilinkEnglisharrow-up16·2 days agoEvery state where, “the money goblins will leave if X!!!” is threatened, that state ends up having more millionaire/billionaires after X happens. And when they “leave” they don’t leave, they buy another vacation home, their business interests stay put. And of course, wherever they are, they aren’t paying taxes. And you are paying their energy /water bills.
minus-squareMinnesotaGoddam@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·6 hours agoI don’t know about their business interests moving. A lot of them incorporate in Nevada and Delaware to get out of specific taxes social obligations.
Every state where, “the money goblins will leave if X!!!” is threatened, that state ends up having more millionaire/billionaires after X happens.
And when they “leave” they don’t leave, they buy another vacation home, their business interests stay put.
And of course, wherever they are, they aren’t paying taxes. And you are paying their energy /water bills.
I don’t know about their business interests moving. A lot of them incorporate in Nevada and Delaware to get out of specific
taxessocial obligations.You know it. And I do.