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NEW FROM MIKE SOLANA: 21 billionaires break their silence about California’s proposed asset seizure ballot prop. (And yes, they’re leaving.)
An informal poll conducted in the largest billionaire Signal chat suggests 70% of California billionaires will leave the state if the ballot prop passes.
Without exception, every founder of a private company mentioned the ballot prop’s confusing “control” language — but their concerns have less to do with this single ballot prop than the question of how companies will be targeted in the future, and everyone believes they will be targeted again.
Once the concept is normalized, everyone assumes wealth taxes of this kind will ultimately target every “wealthy” person in the state, with the term “wealthy” redefined in whatever manner leftists find useful.
“It’s an awakening for a lot of people,” said one of the most impacted, well-known, and beloved founders @micsolana interviewed.
“If it does or doesn’t pass, this is the single most radicalizing, red pilling thing to ever happen to push [Democrats] into the arms of the Republican Party.”
“The crazy thing,” one of the California maximalists said, “is that I’m thinking about leaving, because I am one of the happiest to pay taxes people I know.”
“I’ve been telling the kids that,” says another, “we can’t go back to California because of communists.”

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