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.

  • chonglibloodsport@lemmy.world
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    22 hours ago

    And yet everyone waits until a few months before tax time to put their money into RRSPs. I have seen it first hand. The money just floods in.

    It doesn’t have to happen on one day to move the price. Prices move whenever there are more buyers than sellers or vice versa.

    • skisnow@lemmy.ca
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      18 hours ago

      And yet everyone waits until a few months before tax time to put their money into RRSPs.

      This is so completely irrelevant and grasping at straws that I don’t think you’re even talking in good faith any more.