I think all tech workers in California should send a “What am I, chopped liver?” letter to their governor.
He is vehemently opposed to a 5% one-time wealth tax on people worth more than $1,000,000,000. He thinks it would stifle innovation if such people left the state to avoid the tax.
This is the Great Man theory of history. Innovation flows downward from the mind of the god-king. Without the laying-on of hands, mere hundred-thousand-aires would be adrift, rudderless, unable to think.
I think the US and all states should rewrite their constitutions to prohibit their Chief Executives from opining about the law. Their job is to faithfully execute the law, not to express opinions about what it should be. That’s the job of the legislature, representing the people.
A chief executive’s role would be to answer questions like “if we word the law thusly, what would costs of administration be? And are there implementation gotchas we’re missing?”
@marick @autonomousapps I kind of agree with him. This tax is bonkers.
The right way to do this is to have 0.5% annual wealth tax with the same threshold. A recurring income allows stable budgeting for expenses. A one time grab is just a gift that'll get wasted away.
Elisabeth
Brian Marick
Adi 🐕🐾🐾🐾 (he/him)
tony 🏳️⚧️ 🏴 🚴🧗🏻