Except what’s stupid is thinking the marginal billions of dollars they may save by not paying CA taxes are worth anything.

If you have $5Bn, other than power for power’s sake, it’s very hard to see how the next $100 or $500Bn can actually improve your life and happiness.

OTOH, being able to watch a Broadway show that you may have missed because you didn’t live in the same city, or a drive along the ocean while there was a beautiful sunset, would have significantly greater value to the quality of your life.

when you have this money you can “live” anywhere you want. he can have breakfast in Paris and still make the Broadway show and also get AirBnB for like a year in SF and then also like basically be wherever you want to be regardless of where your “mailing address” is. I have a friend who is 7-digit rich that lives in SF (for the past 8 years) but “lives” in Florida. sounds like our billionaires can’t figure this out so it makes the news (in the middle of about 857 other more important things going on)

7-digit rich in SF is essentially any homeowner

Wealthy people pay the vast majority of taxes in California. Meanwhile, at least 20% of the population are complete freeloaders.

billionaire adorers remind me of this…

“Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires”

"Wealthy people pay the vast majority of taxes in California."

And well they should.

Anyone who dislikes a progressive tax system apparently wants billionaires to pay less and the poor to pay more.