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[-] Treczoks@lemmy.world 13 points 11 hours ago

Good. Lets see how much the parasites will spend on election influence.

[-] toiletobserver@lemmy.world 44 points 18 hours ago

Damn right. Let the people decide and the billionaires cower like pussies.

[-] eugenia@lemmy.ml 3 points 14 hours ago

They will just exit California before the law takes effect. California will lose its billionaires, and that would just be it. No income from them for the state. I wish the law worked retroactively.

[-] dondelelcaro@lemmy.world 9 points 8 hours ago

It's too late for them to leave; the residency date was January 1st, 2026.

[-] daychilde@lemmy.world 13 points 8 hours ago

They will claim that they will, but in all the times I've seen where rich people claim they're going to leave, I've never seen them actually leave. I'd love for you to show me some statistics showing that a significant portion of rich people leave after they claim they will. Until then, I don't believe you. You're just falling for that propaganda. I'm sorry to say

[-] aesthelete@lemmy.world 3 points 7 hours ago

It makes a lot of sense to threaten to leave, and little sense to actually leave.

[-] BrianTheeBiscuiteer@lemmy.world 4 points 6 hours ago

Even if they do "leave" they'd have to sell all assets within the state of California or they could be hit with another tax. And if they did, all the better because we want the wealth to be spread among more people.

[-] NM_Gringo@lemmy.world 16 points 9 hours ago

I see this argument all the time but who really cares if they leave? Tear down their old mansions and build back affordable housing. Oh, they might take jobs with them. Well, the economy goes on and that product or service will still be needed. And the wealthy already export jobs to lower cost areas, so fuck 'em.

[-] Stern@lemmy.world 40 points 11 hours ago

Just like all those people left NYC when Mamdani took over and instituted Shakira law.

[-] stringere@sh.itjust.works 15 points 10 hours ago

At least it's made the hips honest.

[-] applebusch 14 points 12 hours ago

lol good let them leave. fuck those cunts they only have that much money because they dont pay their fair share anyway. them fucking off somewhere else is still a net gain even if they manage to skirt the tax.

[-] soratoyuki@piefed.zip 5 points 10 hours ago

That's why we should just seize their assets first.

[-] Treczoks@lemmy.world 7 points 11 hours ago

I see no downside to that.

[-] toiletobserver@lemmy.world 5 points 7 hours ago

But how are we gonna get the taxes they already don't pay??? Why can't you think of those poor nesting yachts?!

[-] frunch@lemmy.world 9 points 12 hours ago

Where will they go though? Will they ever come back? How dreadful the state will be without their presence 🫠

[-] bold_atlas@lemmy.world 4 points 11 hours ago* (last edited 11 hours ago)

Require $50,000,0000 exit visas for billionaires.

this post was submitted on 26 Jun 2026
205 points (100.0% liked)

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