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    Uber founder flees California for Texas ahead of possible ‘billionaire tax ‘
    Technology

    Uber founder flees California for Texas ahead of possible ‘billionaire tax ‘


    Uber founder flees California for Texas ahead of possible ‘billionaire tax ‘

    https://ktla.com/ap-business/founder-ex-ceo-of-uber-ditches-california-for-texas-amid-apparent-billionaire-exodus/?fbclid=IwY2xjawQkOKZleHRuA2FlbQIxMABicmlkETFkY05ySXU5aWMwYTRCZG1Lc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHlceb5JBdM1OqGZQRZLGpS7YbwdAwFk26MlnmWK_sM6x6hFa7cHSmTkF7QcA_aem_6sgGF3SVpCn7sVLsonPHag

    View 39 Comments

    39 Comments

    5. itsprobablytrue on

      When did r/technology become political bot farming rather than discussions on technology

    7. jorgepolak on

      Can’t wait to do a one time 10% “restitution tax” on billionaires at the federal level when Dems get power back. Fuck you Elon “I put USAID into the wood chipper” Musk.

    8. givin_u_the_high_hat on

      He might say he lives there, but coming from Texas, I can say he will choose to spend his time somewhere cooler.

    9. Friendly_Engineer_ on

      The language for the proposed tax applies to anyone who was a CA resident at the beginning of 2026, so this is likely not going to help. Also, there are groups funded by the rich trying to get other ballot measures included on the ballot as ‘poison pills’ to kill the billionaire tax measure. These are framed as ‘budget transparency and waste reduction’ but would in fact protect the rich. Don’t fall for it!

      [Article on rich-funded ballot measure – don’t fall for it](https://www.yahoo.com/news/articles/poison-pill-effort-cancel-proposed-120000917.html)

      Edit to add: The propaganda from the ‘Californians for a More Transparent and Effective Government’ group tries to argue (shamefully, in my opinion) that government spending to combat homelessness is wasteful:

      “Government has wasted billions of our tax dollars on homelessness and many other failed programs with little to show for it”

      While I’m sure they would be fine with handouts and incentives to the rich. Disgusting. Again, please don’t sign petitions for this deceitful measure trying to protect billionaires.

      Edit 2: This person is claiming they changed states in late December, not in 2026, to avoid the residency date.

    12. frommethodtomadness on

      I guarantee these tax evaders are already spending 50% + 1 day of their year ‘residing’ in a low/no tax state.

    14. NOODL3 on

      Are any of these people actually “fleeing” in the sense that they’re changing where they spend the majority of their time?

      Or are they just purchasing their 20th mansion in a tax haven and then claiming it as their primary residence?

    16. AntimatterCorndog on

      Who cares if billionaires leave? Oh no, you’re not paying taxes now and you’re going to leave because you’re expected to contribute.. Don’t let the door hit you on the way out.

      But seriously… The reason these companies aren’t going to leave too is because the liberal educated talent pool that staffs these companies and name them successful want to live in cities with well developed infrastructure and services not some libertarian hell hole.

    19. chindef on

      What a loser. To live in one of the most beautiful places in the world but to leave over paying a portion of money that they will never be able to spend to taxes. 

      You’ve won the game of capitalism and you can’t give a penny back to society. Absolute loser. 

    22. WontArnett on

      These are the kinds of people that republicans defend— cowards that are unwilling to pay their fair share to help support the community that made them successful.

    26. bobniborg1 on

      Like we haven’t had death taxes before. Make it retroactive for 5 years but that can be cut down to 1 year if your primary residence is still California lol

    27. Zora74 on

      Can we not use the word “flee” to describe a rich asshole making a calculated move to strategically avoid paying his fair share? There are too many people having to actually flee from real danger to even think about using that word for this douche.

    28. beer_bukkake on

      Isn’t this the guy who sexually harassed his employees? Good fucking riddance

    31. BamBam-BamBam on

      This is not unexpected. He founded the company that treated women like second-class employees.

    34. no_f-s_given on

      good. nothing but a useless leech.

      now tax the shit out of 2nd & 3rd homes. you know that mf ain’t gonna sell

    37. antithesis56 on

      I know it won’t happen, but I would love to see Texas turn blue and pass a billionaire tax bill exactly the same as California’s just for stick it to these assholes

    39. nauticalfiesta on

      Texas could do the most hilarious thing. Let all these millionaires go there… then add a millionaire tax higher than CA, MA, NY, or WA.