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#3 | Posted by Zed at 2026-10-03 02:56 PM
If Florida goes Blue this cycle this rich guy is going to wonder what happened to him.

#4 | Posted by Zed at 2026-10-03 02:58 PM
A billionaire leaving a State simply means that he is giving the burden of running the State to the poor and middle class.

.

Some blue states' politicians understand that - despite populist tendencies of their base - higher taxation can cause capital flight and long-term loss of tax base, jobs and economic growth, which they will then have to stimulate with either higher spending or "targeted" tax breaks for favored groups/industries :

calmatters.org - California Democrats defy Newsom, back billionaire tax - 2026-08-05

|------- California Gov. Gavin Newsom, a Democrat, opposes the billionaire tax on voters' ballots this November. So does Xavier Becerra, the Democratic gubernatorial candidate widely favored to succeed him. ...

Proposition 40 would generate an estimated $100 billion by levying a one-time 5% tax on the state's more than 200 billionaires...

The idea has sparked controversy ... prompting tech billionaires like Google co-founder Sergey Brin to move his business holdings out-of-state ... [Larry Page moved to FL in December 2025 - that's more than $500B of potential tax base just between these two "globalists"]

In addition to Newsom and Becerra, doctors' and primary care providers' associations oppose the billionaire tax, along with a variety of Democratic-aligned political powerhouses like Planned Parenthood. Several labor unions are opposed.

Opponents worry the tax would drive the wealthy out of the state, depriving California of both income tax revenue and spending. ...

The nonpartisan Legislative Analyst's Office estimates it could reduce long-term state revenue. ...

The No campaign downplayed the party's endorsement, pointing to the party's 2024 opposition to Prop. 36, a crime measure which nonetheless passed overwhelmingly, and its support for Prop. 32, a minimum wage hike which failed.

Newsom, Becerra, CTA, California Professional Firefighters, Planned Parenthood and others are against Prop. 40 "because it's bad for our budget, bad for our economy, and bad for our future," the campaign said in a statement. ...
-------|

davidrhenderson.substack.com - Most European Countries that Had Wealth Taxes Have Repealed Them - 2026-08-31

taxfoundation.org - The High Cost of Wealth Taxes | Many developed countries have repealed their net wealth taxes in recent years - June 2024 [PDF, 18pgs]

Just like tariffs on "other countries", excessively higher "taxes on the rich" ultimately backfire and trickle down to the middle and lower quintiles, in forms of higher prices, fewer well-paying jobs and economic opportunities and increased burdens on the government/taxpayers.
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Bottomless...

AI Overview

Donald Trump did not directly steal cash from a kids' cancer charity, but an extensive investigation by Forbes revealed that he commanded his for-profit businesses to charge the charity high venue costs, effectively shifting donor money meant for cancer research into Trump Organization revenue.
The mechanics of how these charitable funds were funneled into Trump businesses involve several key components:

High Fees Charged to the Eric Trump Foundation

Flipping on free use: Eric Trump originally ran an annual charity golf tournament at the Trump National Golf Club to benefit St. Jude Children's Research Hospital, telling donors the venue was used 100% free of charge.

The demand for billing: According to former club officials, Donald Trump threw a tantrum about the lack of a paper trail and ordered the club to start billing the charity.

Skyrocketing costs: Golf tournament expenses paid by the charity to the Trump Organization spiked from $59,000 to $322,000 per year. Experts noted these costs defied any reasonable justification for a one-day tournament. More than $1.2 million in charity expenses went directly into the Trump Organization.

Cross-Foundation Funneling
Using another charity's money: To offset the newly imposed venue fees, the Donald J. Trump Foundation funneled $100,000 into the Eric Trump Foundation.

The financial loop: This maneuver effectively took money given by outside donors to Donald's foundation and transferred it through Eric's charity to become direct revenue for Donald's private golf course.

Re-Donations to Interconnected Charities

Paying for business: Over $500,000 raised by the kids' cancer charity was re-donated to other family-connected charities.

Guaranteed return: At least four of those secondary groups subsequently paid to hold their own golf tournaments at Trump courses, routing money back into Trump properties.

Wider Legal Fallout

While the Forbes report exposed the children's cancer charity pipeline, it triggered wider scrutiny into Donald Trump's overall charitable practices.

In a separate but related 2019 lawsuit brought by the New York Attorney General, a judge ordered Trump to pay $2 million in court-ordered damages for persistently misusing his personal foundation's funds. Trump admitted to using his charity as a "piggy bank" to fund his 2016 political campaign, buy personal sports memorabilia, and even purchase a $10,000 portrait of himself. The Donald J. Trump Foundation was subsequently dissolved under court supervision.

AI responses may include mistakes. Learn more

cdn.britannica.com

It's surprising Bugsy Patel hasn't scrubbed all of the photos documenting right wing terrorism.

US removes all bombers from RAF Fairford base

www.bbc.com

Stinky got chased out of Britain by diesel thieves. Lol

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