March for Billionaires
@marchforbillionaires.org
Billionaires get a lot of hate. But the average billionaire is someone who created a lot of wealth by making things people want.
Join us in celebrating billionaires' contributions, Feb 7 in San Francisco. https://marchforbillionaires.org
Join us in celebrating billionaires' contributions, Feb 7 in San Francisco. https://marchforbillionaires.org
We've received a lot of comments from the Bluesky community tonight, so we want to take the time to clarify our positions.
February 1, 2026 at 6:15 AM
We've received a lot of comments from the Bluesky community tonight, so we want to take the time to clarify our positions.
Great to hear that Ro Khanna recognizes the flaws of the ballot question as-is and is trying to work out a compromise that won't hurt the startup economy.
February 1, 2026 at 3:25 AM
Great to hear that Ro Khanna recognizes the flaws of the ballot question as-is and is trying to work out a compromise that won't hurt the startup economy.
Wealth-creating billionaires aren't the problem. Rent-seekers of all stripes are.
January 31, 2026 at 5:45 AM
Wealth-creating billionaires aren't the problem. Rent-seekers of all stripes are.
Billionaires get a bad rap. But most of them make our lives much better.
The proposed CA Billionaire Tax Act is a tax on unrealized gains and is already driving founders out of the state.
Join us Feb 7 and #MarchForBillionaires!
marchforbillionaires.org
The proposed CA Billionaire Tax Act is a tax on unrealized gains and is already driving founders out of the state.
Join us Feb 7 and #MarchForBillionaires!
marchforbillionaires.org
January 30, 2026 at 9:51 PM
Billionaires get a bad rap. But most of them make our lives much better.
The proposed CA Billionaire Tax Act is a tax on unrealized gains and is already driving founders out of the state.
Join us Feb 7 and #MarchForBillionaires!
marchforbillionaires.org
The proposed CA Billionaire Tax Act is a tax on unrealized gains and is already driving founders out of the state.
Join us Feb 7 and #MarchForBillionaires!
marchforbillionaires.org
We're not categorically against taxing billionaires more. The "buy, borrow, die" loophole is real, and fixable by treating equity-backed loans as realized gains. But a tax on all assets and equity isn't the way forward.
Bill Ackman is among the billionaires who have taken issue with a proposal in California to tax the wealthy based on assets. The hedge-fund manager proposed an idea that would aim to address the loophole known as “buy, borrow, die” that allows rich Americans to live tax-free off their paper wealth.
Threat of California Billionaire Tax Draws Criticism From Ultrawealthy
Hedge-fund manager Bill Ackman is among the billionaires who have taken issue with the proposal’s idea of taxing the wealthy’s assets.
on.wsj.com
January 30, 2026 at 8:29 PM
We're not categorically against taxing billionaires more. The "buy, borrow, die" loophole is real, and fixable by treating equity-backed loans as realized gains. But a tax on all assets and equity isn't the way forward.
The top 0.1% of California residents pay more than one-sixth of income taxes, and the top 1% pays 40%. California already has the highest income tax brackets in the country—it's simply not true that the rich don't pay taxes.
California relies heavily on billionaires and other high earners. In 2023, more than one-sixth of the state's personal income tax revenue came from the top 0.1% of earners -- or about 17,500 tax returns.
www.wsj.com/lifestyle/ca...
www.wsj.com/lifestyle/ca...
January 30, 2026 at 7:07 AM
The top 0.1% of California residents pay more than one-sixth of income taxes, and the top 1% pays 40%. California already has the highest income tax brackets in the country—it's simply not true that the rich don't pay taxes.