this post was submitted on 10 Jan 2026
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Google cofounders Sergey Brin and Larry Page moved an LLC out of California ahead of proposed billionaire's tax (www.businessinsider.com)
submitted 1 day ago by nemeski@mander.xyz to c/california@piefed.social
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[–] pinball_wizard@lemmy.zip 2 points 1 day ago* (last edited 1 day ago)

This is what I didn't understand before, about the "they will just leave" argument.

I understand now that their leaving is part of the value. Ultra rich people unwilling to pay their fair share of taxes are a burden on a community in many other ways. Good riddance.