This trend really says a lot about America, billionaires build their own empires by getting free money from investors and the government, including huge tax breaks and subsidies. When the people ask for some of that wealth that they helped build to support universal needs, they pack up and leave without blinking. Who really has the leverage and power here?
As the richest country on the planet, there is zero reason we should have nearly a million homeless people. These leaders extract wealth from the state and then ditch town. It’s deplorable.
How much tax breaks and subsidies did Brin and Page get? I'd think it's close to zero. And apparently they are asked to give half of their wealth (https://x.com/garrytan/status/2009776299666223265) in a "one time" tax (of course we both know people like you won't be satisfied with it being one time, because look, still homeless people). I'd also leave without blinking, this level of expropriation is absurd.
Secondly, the proposed law while perhaps still poorly designed, is based on net worth not on voting shares. You refer to an X post claiming they would owe $60 billion dollars, which is preposterous. Can you link that to the actual proposed law?
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[ 3.2 ms ] story [ 19.0 ms ] threadAs the richest country on the planet, there is zero reason we should have nearly a million homeless people. These leaders extract wealth from the state and then ditch town. It’s deplorable.
Secondly, the proposed law while perhaps still poorly designed, is based on net worth not on voting shares. You refer to an X post claiming they would owe $60 billion dollars, which is preposterous. Can you link that to the actual proposed law?