One of the privileges of wealth is that if you soil your nest with leftist politics, you can afford to move away, leaving others to subsist among the ruins. Google is a powerful pillar of the liberal establishment and among the most aggressively left-wing. The Telegraph reports on founder Larry Page’s escape from California, via Yahoo Finance:
Larry Page, the Google co-founder and world’s second-richest person, has reportedly left California amid concerns about a wealth tax on billionaires.
He relocated not only his domicile but various entities including Flu Lab and One Aero out of the state.
A proposed 5% wealth tax would rob Page of $13.5 billion.
Ironically, Page spent some of his money funding Proposition 87, which was intended to hike taxes on behalf of green energy moonbattery.
Page isn’t the first billionaire to bail out:
The world’s richest person, Elon Musk, left California for Texas in 2020.
Eventually, the pathologically greedy looters comprising the Democratic Party will drive all billionaires out of the Land of Fruits and Nuts. Then they will drive out the millionaires. By the time they get to the thousandaires, the erstwhile Golden State will have collapsed into a failed state, and liberals will be well on their way to dragging down Texas and Florida after it.
On a tip from Wiggins.