Jason
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then the next piece that in at least my community, people who are creators of businesses, venture capitalists, angel investors, founders, we pay our taxes, pay a lot of taxes, depending on which state you live in.
Stop paying them elsewhere.
Yeah.
And we then get struck with this California law.
And a lot of my friends have moved to Austin, where I live now.
They just said suddenly, hey, we want to seize 5% of whatever you got.
You already paid your taxes.
You haven't paid capital gains on some of this equity you own in your company.
Maybe it's paper wealth.
Maybe it's your company went public now and you could sell some of it, but you might crater the stock if you do.
And Elizabeth Warren, Bernie Sanders, and California, all trying to seize assets.
And this has really hit the creator level.
the business creators in a really offensive way to the point at which they're moving.
We lost, California lost, Sergey, Travis from Uber, just fleeing, fleeing en masse in the last 12 months.
Do you believe in these wealth taxes?
And do you believe in seizing people's assets on gains they've never received?
Yeah.
And so if you're not in favor of a wealth tax, what would you do to deal with maybe this disparity in wealth that we're seeing?
There was just some statistics that came out the other day.
I'm sure you saw them.