Why We March

Vilifying billionaires is popular. Losing them is expensive. Most made their fortunes building companies that employ thousands and solve real problems. Their wealth is largely stock in those companies, not vaults of cash.

California benefits enormously when entrepreneurs choose to build here. We’re currently watching them leave.

The Billionaire Tax Act has already pushed the founders of Google to leave the state, taking their economic contributions with them. By taxing unrealized gains and voting shares, the act would make it difficult for founders to retain control of their startups.

  • DwigtRortugal [she/her]@hexbear.net
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    24 days ago

    District 5 Supervisor Dean Preston, whom Tan has pledged $50,000 to unseat through a “Dump Dean” effort, called Tan “toxic and hateful” and asked whether Tan “wants me to die because I stop evictions, house homeless families, and tax the rich?”

    he does, he does