this post was submitted on 28 Dec 2025
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Tech billionaires are making plans to bail on California ahead a possible ballot measure that would tax their assets to help pay for healthcare.

Sources told the New York Times that venture capitalist Peter Thiel has explored spending more time outside California and opening an office for his Los Angeles-based personal investment firm, Thiel Capital, in another state.

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[–] rekabis@lemmy.ca 24 points 7 hours ago

If they weren’t paying taxes in the first place, their departure only improves the environment.

[–] deddit@lemmy.world 26 points 8 hours ago* (last edited 8 hours ago)

'Flee'?! Like cockroaches when the light is turned on?

[–] DeICEAmerica@lemmy.world 10 points 8 hours ago

Bye. Go to Texas or Florida. Next....

[–] robocall@lemmy.world 4 points 6 hours ago
[–] candyman337@lemmy.world 7 points 8 hours ago

No they won't.

[–] Sam_Bass@lemmy.world 17 points 11 hours ago* (last edited 11 hours ago)

Greedy fucks should be totally stripped of their wealth wherever they go so as to (re)learn what its like down here with us

[–] EtAl@lemmy.dbzer0.com 18 points 11 hours ago

Let them flee all the way to Russia. Billionaires shouldn't exist in the first place.

[–] Scottyc65@reddthat.com 10 points 10 hours ago

People of California: Don't threaten us with a good time. (Also, not like their tax dollars will be missed)

[–] leadore@lemmy.world 39 points 13 hours ago (2 children)

If you can't contribute anything but only take take take, then get the fuck out of the whole country while you're at it. And stay out!

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[–] fittedsyllabi@lemmy.world 2 points 7 hours ago
[–] ragebutt@lemmy.dbzer0.com 35 points 14 hours ago (1 children)

This happened in NJ and the billionaire who “left because of taxes” has both returned to the state since and pretty consistently stated he did not leave because of the tax hike and never said that was his motive. While I am sure these scumbags will do whatever is necessary to avoid paying taxes my point is don’t expect the media to not propagandize here.

The narrative being built is clearly one to make the average person think “increasing taxes on the wealthy will hurt us!” This is what happened in New Jersey. “If the tax increases are passed and David Tepper leaves it will cost the state hundreds of millions of dollars and ruin everything!”. It’s that domestic abuse shit; “you should just let me exploit the fuck out of you and if you don’t I’ll bail and it’s your fault for not letting me continue to do so”. Also fwiw while Tepper left NJ was fine and while his loss was notable to the tax budget it was not insurmountable by any means. NJ and California are already quite wealthy states.

[–] n0respect@lemmy.world 10 points 12 hours ago

If the billionaire class really had taxes as their top priority, or even near the top; they would have moved to Nigeria or something a long time ago. Instead, they stay in “commie-fornia” with high taxes … wonder why??? [because of so many reasons, from infrastructure to knowledge base…]

[–] dermanus@lemmy.ca 14 points 12 hours ago

Are these the same billionaires who were going to leave New York? Or different ones?

[–] echodot@feddit.uk 3 points 9 hours ago (2 children)

Because they currently contribute so much.

Actually Larry page may or may not be absolutely fine, I've never heard of him before.

[–] eestileib@lemmy.blahaj.zone 3 points 6 hours ago

The Google founders are all very different people now. Getting mega rich fucks you up.

[–] boonhet@sopuli.xyz 7 points 9 hours ago

Google co-founder, way up there in the billionaire list. Probably leaning towards the "not" be absolutely fine.

[–] bender223@lemmy.today 9 points 12 hours ago

they sound leave and to to Mars, where there's no tax

[–] phoenixz@lemmy.ca 4 points 10 hours ago

Then don't allow them to leave the state

Or just take their companies within the state.

Fuck the rich

[–] RubberElectrons@lemmy.world 4 points 10 hours ago

Bye, assholes.

[–] mrgoosmoos@lemmy.ca 2 points 8 hours ago

so it's a win win?

[–] kandoh@reddthat.com 35 points 16 hours ago

I'm threatening to move if my landlord persists on collecting rent, that should get him to back off

[–] Formfiller@lemmy.world 2 points 9 hours ago* (last edited 9 hours ago)

Bye Felicia

[–] Ledivin@lemmy.world 1 points 7 hours ago

Good riddance ✌️ not that the cucks would ever actually leave

[–] phutatorius@lemmy.zip 28 points 17 hours ago

Yet another benefit of the wealth tax.

[–] bender223@lemmy.today 5 points 12 hours ago

billionaires kill so many people, and destroy so much, and they get away with it. now they cry and run away when they get taxed a little bit

[–] Kolanaki@pawb.social 7 points 13 hours ago* (last edited 13 hours ago) (1 children)

Well now I want to pass that wealth tax even harder. GTFO, Satan. I rebuke you!

[–] nulluser@lemmy.world 1 points 10 hours ago

Hey now. That's not necessary. Satan is actually pretty chill.

[–] SethTaylor@lemmy.world 6 points 12 hours ago

No...

Please...

Come back...

🙄

[–] Mediocre_Bard@lemmy.world 4 points 11 hours ago

I propose that the wealth tax is murder, as is my right to propose absolutely ridiculous shit in the US Court of Law.

[–] Formfiller@lemmy.world 5 points 12 hours ago (1 children)

Thiel should be in prison and then deported back to Germany for violating Americans 4th amendment rights

[–] gandalf_der_12te@discuss.tchncs.de 1 points 10 hours ago (1 children)

no thank you, we don't want them here either.

[–] Formfiller@lemmy.world 1 points 9 hours ago* (last edited 9 hours ago)

I guess we will have to send him to the hauge for palantir’s participation in the genocide of the Palestinian people then

[–] neukenindekeuken@sh.itjust.works 60 points 21 hours ago (1 children)

A.) No they're not

B.) If they do, then good for everyone in California. Let them dodge taxes elsewhere.

[–] buddascrayon@lemmy.world 8 points 15 hours ago

Right? These fucking billionaires act like they're existence is some kind of grace to everybody around them. As if they just exude money instead of continually extracting it from the economy making the lives of everyone around them worse.

[–] ShaggySnacks@lemmy.myserv.one 12 points 16 hours ago

It wasn’t as if these billionaire parasites were paying taxes anyways.

[–] webp@mander.xyz 11 points 15 hours ago

If they were going to leave it wouldn't be posted like this, as a threat in the news.

[–] KiloGex@lemmy.world 16 points 17 hours ago

No, they aren't.

[–] Themosthighstrange@lemmy.world 10 points 16 hours ago

Let me guess he is moving to florida or texas

[–] buddascrayon@lemmy.world 6 points 15 hours ago

I'm sure the Californians are shaking in their boots at this.

Good, making California a more affordable place for California families. I hope one their platinum-plated private jets collides with the others gold-plated mega yacht on their way out and I never have to read this shit from their publicists again.

[–] Fedizen@lemmy.world 12 points 17 hours ago* (last edited 17 hours ago)

Lol they already have like 500 homes in like 50 countries. Its either this or a series of Luigi Mangioni-like shootings and imo, I'd rather have these billionaires just pay their fucking taxes.

[–] JeeBaiChow@lemmy.world 37 points 22 hours ago

Your taxes don't mean shit to the state if all you do is look for reasons not to pay them, and don't pay them.

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