The whole point is to avoid paying. It's a special little club these fuckers belong to and they sit around with brandy and a monocle laughing maniacally about how they got away with not paying taxes.

They'll spend more money on avoiding paying taxes then actually paying the taxes which in and of itself is... Evil.

Bullshit. Democracies are more vulnerable to outside influence than most other governments. Billionaires love democracy. Especially small democracies like Canada where it is so cheap and easy to capture regulatory offices.

PS: fuck off sanitation

Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

5% is dirt cheap compared to the taxes they've avoided for many DECADES.

Why don't they just fuck off? You won capitalism. You have get away with murder money. Just go and fuck off already, why do you have to make the rest of us miserable?

What's crazy is that he's only spending less than 1% of what the tax would cost him.

If he spent $10b and managed to save himself a $13b tax bill, he'd still save $3b.

I suspect he's actually spending much more than $100m. He has probably hired expensive attorneys, expensive accountants, expensive PR firms, etc. We have to hope he hasn't hired private detectives, hackers, hit men, etc.

I don't want a one-time, 5% wealth tax. I want a recurring wealth tax. At 0.5%, such a tax outpaces the one time 5% in ten years.

I would settle for one time 5%... but it's just so short-sighted. 5% in one sudden movement is actually a big ask... and are we actually going to be able to pull that off more than once?

A recurring wealth tax 1) is better in the long-term, 2) is less disruptive to the stock market (which we should care about, as long as this is the sustem we have) 3) makes for a more predictable economic environment, so people with money might actually still want to live in CA.

END BILLIONAIRES WITH GUILOTENES

or however you spell it

Millionaires and other parasites are so disgusting. He doesn't care about losing the money, he just doesn't want to be told what to do with it (told to give some of it back to the country).

Billionaires should be illegal. Tax the fuck outta these assholes.

He'd like this better than my simplified alternate tax rate of 1 head.

Great choice of pic. Google Glasshole.