this post was submitted on 13 Jan 2026
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Gov. Gavin Newsom said he was working behind the scenes to block a proposed tax on billionaires’ wealth and was committed to defeating the measure if it reached the ballot.

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[–] BarneyPiccolo@lemmy.today 3 points 20 hours ago

Where are they going to go? They became billionaires in this economic system, and even if they have to pay more in taxes, they'll still be in the friendliest economic system on the planet.

If there were a better place, they'd already be there.