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California is considering a new tax initiative aimed at billionaires, known as the
"2026 Billionaire Tax Act."
It seeks to impose a one-time 5% tax on individuals with a net worth exceeding $1 billion.
The tax would apply to approximately 200 billionaires residing in California
as of January 1, 2026.

@Techmeme@techhub.social
2025-11-01 14:25:52

A profile of AI contractor marketplace Mercor, which is valued at $10B and whose three 22-year-old founders are Thiel Fellows, each holding a roughly 22% stake (Richard Nieva/Forbes)
forbes.com/sites/richardnieva/

@midtsveen@social.linux.pizza
2026-01-01 02:37:33

Let’s raise a glass to 2026, the year of more billionaire trash!
#Billionaire #Trillionaire #Rich

"2026 is written in the sand on a beach, with gentle ocean waves approaching. The scene conveys a sense of time, transition, and natural beauty."
@dhuyvetter@mastodon.social
2025-11-01 17:33:16

Elon Musk Is Gaming the Internet for Fascism
The billionaire X owner is accelerating his AI-driven assaults on reality and Europe had better harden its defences, argues Heidi Siegmund Cuda
open.substack.com/pub/bylinesu

@benb@osintua.eu
2025-12-01 08:07:47

Fact Check: Stolen Louvre Jewels Were NOT Seized From Zelenskyy Associate, Ukrainian Billionaire Timur Mindich: benborges.xyz/2025/12/01/fact-

I told you - she's one of dem Good Billionaires!
#AllBillionairesAreEvil

@Techmeme@techhub.social
2025-12-02 13:19:18

Prediction market Kalshi raised $1B led by Paradigm at an $11B valuation, up from $5B after raising $300M in October 2025, making its co-founders billionaires (Michael J. de la Merced/New York Times)
nytimes.com/2025/12/02/busines

The level of vicious bigotry is extreme and we can cannot give an inch.
There is a movement on the far right,
supported by billionaires and powerful people in the White House,
who want to ethnically cleanse the U.S.,
and we must describe it as such and treat it as such
bsky.a…

Morrissey fan - BLOCK
Musk fan - BLOCK
Radiohead fan - BLOCK
"But.. but.. THIS billionaire is lovely, really!" - BLOCK
I skip around gaily, throwing out blocks like confetti.
In 2026, please remember, you never have to engage with fuckwits on the internet.
Save your energy, block with abandon.

@Techmeme@techhub.social
2025-12-02 13:55:56

Michael and Susan Dell say they will deposit $250 in individual investment accounts for 25M kids, totaling $6.25B, comparing the gift to Dell's direct model (Nicholas Kulish/New York Times)
nytimes.com/2025/12/02/busines