Tech billionaires are making plans to bail on California ahead a possible ballot measure that would tax their assets to help pay for healthcare.

Sources told the New York Times that venture capitalist Peter Thiel has explored spending more time outside California and opening an office for his Los Angeles-based personal investment firm, Thiel Capital, in another state.

    • buddascrayon@lemmy.world
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      3 days ago

      Right? These fucking billionaires act like they’re existence is some kind of grace to everybody around them. As if they just exude money instead of continually extracting it from the economy making the lives of everyone around them worse.