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.
I mean I’m middle class and could afford this… sure I wouldn’t be happy about it but the idea that it would be so onerous on literal billionaires seems absurd.