SuffolkLITLabJan 12
TL;DR: Peter Thiel has donated $3 million to a group opposing a proposed California wealth tax aimed at billionaires, signaling increased financial backing from affluent Silicon Valley figures against the ballot measure. https://www.nytimes.com/2026/01/11/us/politics/peter-thiel-california-wealth-tax.html #law #tech #legaltech ⚖️ 🤖 #autosum
Thiel Gives $3 Million to Group Seeking to Block California Wealth Tax

More large donations from wealthy Silicon Valley figures are expected as they try to marshal opposition to a proposed ballot measure that would impose a new tax on billionaires.

The New York Times
Show threadDon Hawkins - W7DAH
@SuffolkLITLab #EatTheRich
Jan 12 at 4:36pmWeb
Show threadRamesh #NotGoingBackJan 12

⬆️ @donhawkins @SuffolkLITLab

#EatTheRich #Musk #billionaires

That’s what #Luigi #Mangione thought

Show threadDon Hawkins - W7DAHJan 13
@rameshgupta @SuffolkLITLab I checked, Brian Thompson of United Healthcare did not have billionaire status.
Show threadRamesh #NotGoingBackJan 13

⬆️ @donhawkins @SuffolkLITLab

>> I checked, Brian Thompson of United Healthcare did not have billionaire status.

I know. Your idea is similar though. Eat just one health care CEO, and the rest will fall in line. They didn’t.

#EatTheRich

Show threadDon Hawkins - W7DAHJan 13
@rameshgupta @SuffolkLITLab “similar” is like “close”, and only counts in horseshoes and hand grenades. Corporations replace CEOs like water replaces the space left when you remove your finger from a bucket full of water. Not the same as replacing a Musk or a Thiel. Similar but different.
Show threadRamesh #NotGoingBackJan 14

⬆️ @donhawkins @SuffolkLITLab

CEOs are CEOs until they aren’t. Billionaires are billionaires until they aren’t.

Thanks for your insight, but no need to get pedantic. The concept is the same in both cases, viz, get rid of one in a representative sample, and the rest will fall in line.

Seductive as the argument is, it is not borne out by empirical evidence. May be the billionaire case will be the exception that proves your point.

Show threadDon Hawkins - W7DAHJan 14
@rameshgupta @SuffolkLITLab It is clear how the CEO & Billionaire examples diverge. But hey, you be you.