Wealth Seizure
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X @Balaji
Balaji· 2026-02-10 04:34
By the way, it’s obvious that the 2026 billionaire wealth seizure will be followed by a millionaire wealth seizure.Why?Because the same California Democrats who are trying to expropriate 200 “billionaires” proposed a wealth tax on 30,000 millionaires back in 2020.That didn’t work, so they decided to stage the attack. First, get the billionaires to get out or get robbed. Then, once that leadership class is removed, go after the millionaires.Of course, that predictable seizure only works on those who remain p ...
X @Balaji
Balaji· 2026-01-28 05:41
POSTSCRIPT(a) Please note: the intended purpose of the California wealth seizure referendum is to rob or exile everyone in tech. There is no point in complaining about this as being stupid.(b) Rather than stupid, it is intentionally evil. The reason is that Democrats fear that technologists might actually displace their control over California, and so they are striking first. The goal of the Democrats is to drive tech out of California, like they did the Republicans, so they can enjoy permanent one-party co ...