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⚡️🇺🇸 NEW - David Sacks on California’s Billionaire Tax Act

“A wealth tax has been tried in many places at many times. It always backfires because whatever the tax benefit is that you get for the state, it's greatly outweighed by the economic depression that you get by the wealthy people, the job creators, the companies, leaving.”

https://blossom.primal.net/b34585dff269b5a9444c12cd53fbbccd62ab64f832847c8989213651293e7fa5.mp4

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Stephan 5d ago 💬 1

There are only a few billionaires in any given country. Why won't politicians call them and try to talk reason to them, and negotiate something beneficial for society? These guys should listen to reason.

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nathanael 5d ago

cause politicians don't work for society

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