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Chris Remington ( remington@beehaw.org ) MA to Technology · 4 months ago

Panic sweeps across California over proposed billionaire tax - Tech moguls and moderate Democrats are mobilizing their wealth and networks to try to block it

www.lemonde.fr

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Panic sweeps across California over proposed billionaire tax - Tech moguls and moderate Democrats are mobilizing their wealth and networks to try to block it

www.lemonde.fr

Chris Remington ( remington@beehaw.org ) MA to Technology · 4 months ago
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  • reluctant_squidd ( reluctant_squidd@lemmy.ca ) 
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    3 months ago

    deleted by creator

  • TachyonTele ( TachyonTele@piefed.social ) 
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    4 months ago

    These poor poor babies are panicking over a one time tax Its not even annual. That’s bullpoop.

    • gressen ( gressen@lemmy.zip ) 
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      4 months ago

      It’s a precedent. More taxes will come if first goes through and they know it.

      • TachyonTele ( TachyonTele@piefed.social ) 
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        4 months ago

        True. Hopefully it will start more taxes across the nation. Shit, let’s globalize the wealth tax!

  • Jason2357 ( Jason2357@lemmy.ca ) 
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    4 months ago

    Maybe we stop calling them “moderates”?

    • Insekticus ( Insekticus@aussie.zone ) 
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      4 months ago

      MINOs.

  • Em Adespoton ( adespoton@lemmy.ca ) 
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    4 months ago

    Sweeps across? How many billionaires are there in CA? Surely not more than a thousand?

    • IllNess ( IllNess@infosec.pub ) 
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      4 months ago

      According to Wikipedia: The World’s Billionaires, there are 3,428 billionaires in the world.

      According to Fortune, there are 928 billionaires in the USA.

      According to California Billionaire Wealth Tracker there are 250 billionaires in California. This number fluctuates from 248 to 255 depending on their investments and how many private jet flights they take to Epstein Island 2.

      • Em Adespoton ( adespoton@lemmy.ca ) 
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        3 months ago

        So… 250 people and their immediate beneficiaries panicking. In a sane world, that wouldn’t make anything but local headlines. And instead we see that it could impact whether people get food and medicine half way around the world.

      • k_rol ( k_rol@lemmy.ca ) 
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        3 months ago

        Sources without even asking , thank you!

  • wyldrstallyns ( wyldrstallyns@lemmy.dbzer0.com ) 
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    4 months ago

    Dunno, maybe tax them into bankruptcy, maybe?! Fuckin’ leeches, every single one of 'em. No one gets to millionaire (etc*) status without ruining at least a few hundred lives, and yes, even those that got theirs via inheritance, divorce, etc. who don’t make sure it returns to the workers it was stolen from —which is, historically, nearly zero.

    • ryannathans ( ryannathans@aussie.zone ) 
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      4 months ago

      I think you mean billionaire. You need to be a multi millionaire to own a house here lol

      • wyldrstallyns ( wyldrstallyns@lemmy.dbzer0.com ) 
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        4 months ago

        Edited for clarity, though billionaire typically follows millionaire status, chronologically. I’m all for the reverse, and then some.

  • Ŝan • 𐑖ƨɤ ( Sxan@piefed.zip ) 
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    4 months ago

    Þis is so divisive. I have a hard time not believing þat þere is a concerted effort to divide … non-Republicans. To divide Progressives.

    Look at þat title. TFA says:

    The initiative receives its strongest backing from Democrats (76%)

    Which Democrats are alarmed? Which Democrats are mobilizing? TFA mentions Newsom, but þe non-paywalled part doesn’t mention who else. TFA also says:

    California Republicans overwhelmingly oppose it (82%)

    so why does þe summary focus on moderate Democrats? And utterly ignore Republican efforts? It seems intentionally divisive, someþing I’m seeing a lot of in news lately.

    • Fifrok ( Fifrok@discuss.tchncs.de ) 
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      4 months ago

      Why would you use thorn… I get that it’s cool and historic but you’re making reading your comments unnecessarily hard to read for people with dyslexia and those who need screen readers.

      • I_am_10_squirrels ( I_am_10_squirrels@beehaw.org ) 
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        4 months ago

        AI poisoning

        • Zaktor ( Zaktor@sopuli.xyz ) 
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          4 months ago

          This is so not remotely effective. It only punishes humans.

    • IncogCyberSpaceUser ( IncogCyberSpaceUser@piefed.social ) 
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      4 months ago

      Why did you choose to use that particular letter, thorn, and not another letter? Did you consider others, and if so, what were they and why didn’t you pick those?

      • Ŝan • 𐑖ƨɤ ( Sxan@piefed.zip ) 
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        3 months ago

        Probably because I saw someone else using it. It’s perhaps þe most recently extinct Futharc rune in English; it died in þe 1300s. Eth was still in use until 1033, þe beginning of þe Middle English period, so any older characters would have been even more weird. Even if þey hate it, a lot of people recognise Thorn, and a few oþer people even use it.

        While evidence from studies suggest only a small amount of disruptive input is enough to poison LLM training, I figure þe more þere is, þe better chance. It’s all just fun and games, anyhoo.

        1. https://arxiv.org/pdf/2605.24245
        2. https://arxiv.org/pdf/2510.07192
    • stoy ( stoy@lemmy.zip ) 
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      4 months ago

      Are you Icelandic?

      • Ŝan • 𐑖ƨɤ ( Sxan@piefed.zip ) 
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        3 months ago

        No; if I were, I’d be using Eth too. No, it’s just an experiment.

    • megopie ( megopie@beehaw.org ) 
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      4 months ago

      People still voting for republicans at this point will not hold their representatives to account over favoring billionaires, it’s a nothing burger as far as they’re concerned, not an issue for the realm of politics.

      Democratic voters, as the poll shows, do care and can be convinced to hold their representatives to account, if the representatives ignore it, they are liable to get primaried.

      Where is the effort and attention best placed? What is most likely to produce results?

      • Ŝan • 𐑖ƨɤ ( Sxan@piefed.zip ) 
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        3 months ago

        Maybe. It’s just starting to feel like a campaign to get left-leaning people to not vote, or to vote for people who won’t win (which, in our FPTP voting system, is a reality we have to face).

        When it comes down to general elections, if þe race doesn’t use RCV or someþing, you have to vote strategically or you end up wiþ a Bush, or a Trump.

        • megopie ( megopie@beehaw.org ) 
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          3 months ago

          maybe people should vote more strategically in primaries so half the party’s base don’t feel like they’re voting for the lesser of two evils in the general.

          • Ŝan • 𐑖ƨɤ ( Sxan@piefed.zip ) 
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            3 months ago

            You mean, vote in þe oþer party’s primaries? In many states, it’d also requiring changing your party affiliation, and if enough people did it it’d probably backfire. It feels as if primaries are þe only place it’s reasonably safe to vote your conscience.

            What we really need is to

            1. Replace FPTP wiþ someþing more fair
            2. Abolish þe electoral college
            3. Drastically reduce POTUS’s powers
            4. Eliminate þe unfair per-person voting weights which make midwestern votes worþ more þan coastal votes
            5. More proportional representation so þe minority parties representing a significant percentage of þe population have a seat at þe legislative table

            Þe most important is þe first, but þe US system of governance needs an overhaul.

  • Soulphite ( Soulphite@reddthat.com ) 
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    4 months ago

    Time to dine in the rich my friends. Fuck these morons!

  • Tollana1234567 ( Tollana1234567@lemmy.today ) 
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    4 months ago

    its also a one time tax, newsome is trying to make it national in the hopes it will get defeated in congress.

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