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lapcat | 1 day ago

> Wow…so laser focused on the trees and on the one man aspect of this.

The subject of the HN submission is the California wealth tax, which affects only billionaires. There are only about 200 in California. Moreover, only a few of those billionaires have left California, or are threatening to leave. So, I'm "laser focused" on the subject of the HN submission and puzzled by your remark here. Note that Larry Page's name is literally included in the submission title. I don't know what else I should be talking about here.

> I doubt that implementing aggressive wealth taxes will do anything to reverse the population loss trends they are seeing

That isn't the purpose of the wealth tax. And again, there are only about 200 billionaires in California, so even if they all left, which isn't happening, that's practically nothing compared to the total population of almost 40 million.

I haven't investigated, but my suspicion would be that high housing prices are a significant reason for people leaving California. Creating another Google wouldn't help at all with that. To the contrary, it would probably drive up the housing prices even more. Even big tech company employees find the housing prices ridiculous!

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kcplate|1 day ago

> That isn't the purpose of the wealth tax

No, its purpose is to steal money from rich people because the legislature cant manage to govern in a fiscally responsible manner.

lapcat|19 hours ago

> its purpose is to steal money from rich people

I wish you would have stated this in your first comment.