On: California plan for wealth tax on anyone who spends 60 days a year in the state

[admiralspoo]

Plenty already have. Eric Schmidt, for example, is now a citizen of Cyprus

https://www.seattletimes.com/business/rich-americans-increas...

[tafda → admiralspoo]

An EU passport is nice to have, doesn't look like he's moving out of California though:

https://variety.com/2020/dirt/moguls/ex-google-ceo-eric-schm...

[Scarblac → admiralspoo]

Which is why the proposal is based on where time is spent, not what you're a citizen of.

[daenz → Scarblac]

Why does a wealthy citizen of another country have to physically spend 60 days in California? You're suggesting that the wording of the law is not trivial to circumvent, especially for people with large amounts of wealth.

[NoRagrets → daenz]

it's not like SF or NYC are tourists paradise. you cant walk down mission st without some random homeless person trying to attack you. Gavin Newsom and London Breed should just convert Moscone center into a homeless shelter. problem solved.

[vondur → admiralspoo]

Not to mention Elon Musk, Joe Rogan. I’ve also seen a few high profile YouTuber’s leave recently too. The amount of people fleeing to Idaho from California is causing housing issues there.