David Sacks warns California's Billionaire Tax Act will drive tech leaders to Texas after Newsom fails to reach a deal

Today was the day that Gavin Newsom was supposed to save the tech industry by cutting a deal to kill the Billionaire Tax Act. Instead he came out as DSA-adjacent, and BTA will be on the ballot in November. See y’all in Texas!

@DavidSacks @denniskneale Founders and capital allocators: Don’t believe Gavin, he’s a liar.

Come to Austin!

He will steal your assets, just like he stole… well, many others things.

@stevesi It’s stupid and I’m not for it but he isn’t proposing a wealth tax now if you read his post on it. I think he wants to tax cap gains more.

again, it’s bad, but if you are going to do a wealth tax, it makes a lot more sense to do it in a country than a state (mobility reasons)

@Geiger_Capital When Democracy merely becomes mob rule, where Communist grifters get foreigners and welfare recipients to give them power in exchange for expropriating the wealth of society’s productive individuals, at what point do we admit this isn’t working?

@DavidSacks This proposed crazy policy will make more TECH billionaires to leave the Commyfornia for states like TEXAS ,Nevada &Florida.

in future ,it will be very BAD/SAD for the commyfornia's hard working middle class to pay more in taxes. 🧐

@DavidSacks

@DavidSacks @FrequencyPolice Just FYI, he’s telling you what he plans to do next. “It’s time for a national”.

That means you won’t be able to run away to any state should he win in 2028. I hope you do all you can to fight it in CA first before fleeing.

@DavidSacks A new tax; what can go wrong?:

@DavidSacks This should make him completely unelectable as a Presidential candidate but the woke leftist envy mob will be foaming at the mouth and will do anything to corrupt the result in their favour.

@caseyjdonaldson @Geiger_Capital Seems so, if that’s what the Democrat billionaire sugar daddy oligarchy wants 🤷🏿‍♂️

@DavidSacks @CatalinaLauf He needs to fund all that fraud somehow

@Geiger_Capital More details here👍🌐 👇

@DavidSacks 👇

@Geiger_Capital All started because bush administration wouldn't let banks fail

@DavidSacks @DavidSacks unfortunately this message by Newsom is going to hit home because the Trump presidency has failed. No espstein arrests. No accountability for Minnesota fraud. Wasted $ and lives on Iran war. Record high inflation still (regardless of the false data the govt puts out)

@DavidSacks @grok why would someone appose this? Seems like a decent idea for the average American

@DavidSacks He has NO spine, he goes where the winds of popularity take him. My family already left because of HIM.

And people will vote for this POS because he looks the part..

@Geiger_Capital Reason why we need to do whatever we can to not allow those clowns near the hire house anytime soon. Tax, gay shit and communism is all they have to offer.

@DavidSacks Maybe tell us about why the government is banning and approving models?

So much for free markets…