Someone explain what's going on here. Why are they upset and moving out of California?
>>524487169Because Peter Thiel is a goony nosey motherfucker. The wealthy have no business knowing what we normies do with our lives. Go fuck yourself peter. No one likes you bald gooner cuck.
>>524487169everything they have is overvalued to hell and back and the theoretical amount is about to get taxed it's overvalued by definition, since if shares started to get sold, they'd quickly drop in price after each sale mind you, you could buy shares from yourself at agreed upon prices to fudge your share price and claim you'd have unrealized lossesbut big companies put their inflated share prices as collateral for huge loans to fill their pockets with free money
>>524487169Larry Page is moving to FloridaPeter Thiel is considering Florida tooFlorida would be so much better than Texas. I hope they finally make it up happen, Jeff Bezos is there too now.
>>524487440this seems like the real root cause of their coping and seething
>>524487169>>524487464Inb4 the real reason they're moving to florida is because they're retired jews and that's what all of them do.
>>524487464Since they are moving to Florida. I will be boycotting any future vacation plans from here on.NO TO FLORIDA FOREVER.
>>524487169Entire money system is paper lies and the liars and other liars want to argue over what lies they prefer to allow therefore the liars are forking into different lie domains to fight over which lie domain gets to exist and continue to lie to everyone to control us with carrot on stick called money
>>524487464All zionist jews move to florida, just like diaspora jews all go to new york.
>>524487440>but big companies put their inflated share prices as collateral for huge loans to fill their pockets with free moneySimple fix. The state loans them money and gets the interest on the loans. It's the only way to tax billionaires that makes sense.I don't give a fuck about banks. They're Jewish and retarded and anyone using a publicly traded bank is also retarded.
>>524487554and STAY out!
>>524487169California is falling off a cliff financially is why. Wait until all the fraud comes out and has to be repaid. All of this for Illegals and leftist politicians to steal taxpayer money.
>>524487169If you're angry about billionaires having more money than you you're a communist.Grow up and work for your money.
>>524487169They don't have enough money to survive the harsh tax conditions of cali. Imagine how subhuman you have to be to move out of california because of the taxes instead of the diversity.
>>524487696they would just bankrupt the borrower company after moving everything around to the new one, the state and banks already know this, it's not an issue for them, they print money out of thin air anyway and mr taxpayer cuck is happy to lose his purchasing power through inflation
>>524487169send them back to israel
>>524487169lol ,commies actually thought that these rich jews will comply with losing shekels on taxes
>>524487169>(((Bob Page))) and (((Walton Simons))) are movingunderground it seems
>>524487169These guys would rather destroy the West than pay taxes
>>524487169>The “2026 Billionaire Tax Act” would tax California residents whose net worth exceeds $1 billion up to 5% of their assetswhy would anyone pay a property tax of 5% of their total net worth for the privilege of living in california
>>524487169good, fuck kikesYC btw are the investors and founders of flock
>>524488351>why would anyone pay a property tax of 5% of their total net worth for the privilege of living in californiafor faggots it's a small price to pay for the other benefits
>>524487169Reminder that when a global proposal was made to make it so billionaires would be taxed globally to stop them from running away from the countries they are based on, the US and Israel refused, killing the proposal.
>>524487315>motherfuckeryou mean cocksucker
>>524488351Because you're a multibillionaire in an age of massive inequality and it's your civic duty to put as much back into the commons as you took out? These parasites get sweetheart deals and preference and privileges from the state and then balk when they're asked to give back -- as if enshittified products, political meddling, and massive concentrated profits are service enough to the people WHOSE TAX DOLLARS contributed to their success. It's just retarded.
>>524487169They want to hit all California billionaires with a 5% tax on their unrealized gains.Almost all american billionaires receive no salary and get paid in stock holdings. They dont get taxed on those stocks because that is considered to be money invested in the company. They then borrow money on these stocks which they use to buy mansions and yachts and whatnot but dont pay tax on those loans either because loans are not taxable. So basically every billionaire pays zero taxes because they never cash out their stocks. Its been proven they pay zero taxes because the IRS leaked the tax returns of the most famous billionaires in the US.So this billionaire tax in Calfornia could blow this all apart by forcing the billionaires to valuate and sell some of their stocks. Since these stock valuations are usually fake, just prices quoted by banks saying what they would potentially pay for these stocks, this entire scam could be exposed and the paper wealth of many billionaires could vaporize into nothing. Everyone in Silicon Valley is scared, not just the billionaires because this could expose all the stock valuations of this high valued startups as fake
>>524487169The guy makes a good point. Why not tax them when they cash out?
>>524487640FUCKING.THIS.
>>524487464Cancer changing host is not good newsThey will turn Florida into the new homosexual hive
