Donut Operator
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's been three months, and you guys already want to redo East Germany.
What the fuck is wrong with you?
Yeah, they said, fuck you, we're out.
Oh, In-N-Out left?
It's like a known thing that if you're like...
I don't even want to say like ultra wealthy, but like if you're a business owner or you're like in even a millionaire, if you leave California, it's like you can just plan on getting audited every year for the next seven years.
Dude, that's nuts.
California is going to audit your state taxes every,
The last because they have seven years to do it.
So every year for the next seven years, you're going to be getting audited for your taxes seven years prior, because they're just trying to get as much money out of you as possible.
I know multiple people that it's happened to that have moved out of California.
It's a one-time mandatory wealth tax, which is like not even, not even the money you have 5% of it.
No 5% of whatever the hypothetical number that we think your company might be worth.
I didn't know that part.
No, that's what they said for wealth tax.
So that's why everybody's like, so like look at Elon Musk, easiest example.
He's worth 800 billion or whatever the fuck.
Which that's in his bank account.
Yeah, for sure.
What's 5% of $800 million?