Oh no, his assistant will be buying all his groceries at a Florida Whole Foods instead of a California one and he'll be topping up his private jet at the Miami Airport instead of Oakland oh noooo how will California survive
Larry Page has moved to Florida
41–50 of 97 posts
Re: Larry Page has moved to Florida
#42>"He wasn't just pretending to move to Florida." Do people often pretend that they're going to move? Seems like a weird thing to say.
They threaten to do this every single time there is an election in NYC. And studies have shown that they are lying. To try and manipulate people. The rich are actually far less likely to move.
Re: Larry Page has moved to Florida
#43> it has cost California both Larry's presence and all the tax revenue it made from him. 1. Google itself isn't moving. I don't think Larry is closely involved anymore, and a move out of state seems to prove that. 2. How much tax revenue did California even make from him? If he doesn't sell stock, then he has no capital gains to tax. That's the whole point of the wealth tax. The ultra-wealthy are infamous for tax avo…
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> philanthropic initiatives, non-profits
> All of which pay taxes
I think not.
> It's short-sighted to think Page doesn't pay taxes nor contribute to California in significant, meaningful ways.
Provide documentation and numbers, otherwise this alleged "significant" contribution is just hand-waving.
> generations of extracting value from the Page family
If Larry can just up and leave now, on very short notice, then there's absolutely zero guarantee of any future "generations" of value.
> I get it's fashionable to hate on billionaires right now
Fashionable? Why do you think it's fashionable now? For no reason?
> California should be encouraging people like Page to move here
It's a total perversion of the fundamental idea of capitalism that governments are competing for companies and wealthy people. That's not how capitalist competition is supposed to work.
> What about the "Next Google"? Will it's founders even start a business in California?
Larry and Sergey met at Stanford as students. They didn't choose a state because of tax policy.
Let me offer a public benefit to driving away the billionaires who refuse to pay higher taxes: less local spending on politicians, i.e., corruption.
Re: Larry Page has moved to Florida
#44>"He wasn't just pretending to move to Florida." Do people often pretend that they're going to move? Seems like a weird thing to say.
There are two pretend types:
- they move their official residence and happen to stay most of the time at the "totally just rented" place in the same state anyway
- or keep telling everyone how they're going to move, but don't actually do.
Because let's be honest - if there wasn't a big reason to live where they do, and it wasn't a pain to work from another state, they wouldn't be there to begin with. They're paying the higher taxes because they benefit(ed) in some way.
They also benefit from being famous and threatening to leave.
Re: Larry Page has moved to Florida
#45If you think wealth inequality is a societal problem, billionaires leaving to avoid taxes is a feature, not a bug.
Are they still able to own corporations in California while living out of state? Then it's still a bug.
Re: Larry Page has moved to Florida
#46The story here should be “Larry Page, a billionaire, was a legal resident of California to begin with”
He can live anywhere he wants to and have residency anywhere he wants to. This sounds like “Larry can’t afford to live in Cali and is forced to “move” to Florida and never set foot in Cali ever again” He’ll move his mail and get FL Driver License and continue to chill in Cali (which he should have done decade ago
Re: Larry Page has moved to Florida
#47Earlier quoted context omitted.
Yeah; there's absolutely no way he could possibly support philanthropic efforts in one state from another. Nope; everyone now loses out because of it! There is absolutely 0 reason that someone worth $270 billion needs to worry about the 5% tax. The 5% tax will reduce his estimated worth by $13.5B bringing him to a paltry $256.5B. To put $256.5B in perspective: over two /lifetimes/, he would need to spend around $4.5M…
1. The tax could cause him to sell equity he doesn't want to. It's not like he has $270B in a checking account. 2. If they do it once then why not again next year? Maybe next time it's for only $100 million or $10 million or $1 million. Eventually everyone is paying 5% of their wealth every year. Why not? That's how we got the current income tax. 3. It's the principle. Resisting these efforts sends a signal that they…
> The tax could cause him to sell equity he doesn't want to. It's not like he has $270B in a checking account.
How annual income should return more than that if he can do anything at all.
Re: Larry Page has moved to Florida
#48Earlier quoted context omitted.
Every election you have celebrities and wealthy individuals threaten to leave the country, etc. Nearly none of them follow-through, and of the ones that do, many ultimately move back. Page left California specifically because of the so-called "Billionaire Tax", and is taking with him his family (which will inherit his vast riches), his philanthropy, his non-profits, many jobs, taxes and more. The effect will be gener…
Yeah; there's absolutely no way he could possibly support philanthropic efforts in one state from another. Nope; everyone now loses out because of it! There is absolutely 0 reason that someone worth $270 billion needs to worry about the 5% tax. The 5% tax will reduce his estimated worth by $13.5B bringing him to a paltry $256.5B. To put $256.5B in perspective: over two /lifetimes/, he would need to spend around $4.5M…
According to later replies on X it's based on voting control percentage for dual class shares, so it's 40% tax, not 5%. So more than $100 billion.
Re: Larry Page has moved to Florida
#49People don't realize that "philanthropy" is a standard way for ultra-rich to peddle influence and store their money to avoid taxes. Many philanthropies invest their donations and actually make money off investments every year, spending little. It is an investment vehicle. And an easy way to accept bribes. And for influence, take for example Bill Gates' "philanthropy" to fund charter schools and undermine public schools, ultimately enriching charter school capitalists.
This thread showcases exactly why they do this: It is enough to simply slap the name "philanthropy" on something in order to have people thinking it is good and defending you. It is an effective PR stunt, which is why they all do it. Don't be the fool.
Re: Larry Page has moved to Florida
#50From elsewhere: Google co-founder Larry Page moved to Florida from California in early 2026, purchasing over $188 million in Miami property. He left California to avoid a proposed 5% state wealth tax targeting billionaires, shifting his primary residence and assets to Florida, which has no state income tax. Makes sense to me. Several businesses and individuals from NYC have also moved to Florida for similar reasons.…
Something needs to be done about the historic inequality in this country. It will undue all the “innovation” (ie selling ads and addicting people to the internet) that these tech billionaires have contributed.
Inequality will always be a thing. I am not saying it should be, just that it will be. Different people have different skill-sets, are in the right or wrong places at the right or wrong time, have different connections with people and a million other factors. Some are born with good RNG, some with a bad roll.
We as a society can barely get along with one another as this world gets more inter-connected and as more incompatible cultures are forced to mix with one another. There are too many conflicting and incompatible situations to fix before we can even get close to equality. That is the reality I can see. Perhaps if we divided ourselves up into a matrices of 512 or 1024 groups and each group populated a planet of their own then perhaps some of those planets could achieve the desired equality. Maybe. No idea how long it would last.
Even the sci-fi dream of Gene Roddenberry's totally equal future came with a lot of pain, wars, chaos and after all that there was still significant inequality and violence and this was from someone that was a staunch believe in all forms of equality. Even he had to keep it real enough or people would not be able to suspend disbelief yet still fictional enough to allow escapism.
I'm perfect fine not being as wealthy as Larry Page and having all the stress and drama that comes with it.