I think all tech workers in California should send a β€œWhat 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.

@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.

@adityabhaskar @marick I don't live in CA and might be missing some nuance. Is the governor proposing an annual tax instead?
@autonomousapps @marick no, he isn't. He's just chickening out. I was kidding in saying I part agree with him.
I agree with him that this tax is bad. I don't agree with him in what we want instead. I want an annual tax not one off. He wants no tax that could be used against him in a potential presidential campaign.