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Larry Page has moved to Florida

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Re: Larry Page has moved to Florida

#71

Post by iamnothere »

lotsofpulp wrote: post #61
rickydroll wrote: post #55

Earlier quoted context omitted.

Taxing consumption hurts people more at the lower end of the income scale than at the higher end. It all comes down to what reserves you have to accommodate different scales of financial events. For example, will not having enough money for a tank of gas break you, or just annoy you? Could you survive needing an ambulance ride? Do copays keep you from seeing the doctor, or are they just a rounding error on your incom…

If having less money hurts people, then the government should give them more money. Consumption taxes incentivize reducing waste and is pro environment. Isn't that what California is about? >people acquire it just for the sake of acquiring more and building their personal power. It seems that wealth is used to build more mechanisms of rent-seeking to further extract money from people who make their money through labo…

Consumption tax + land value tax + compensatory UBI should be a winning combination. Someone can hoard all they want but will pay when it comes time to spend the hoard.

You can also reduce or eliminate the tax on essentials like groceries.

Wealthy progressives don’t like it because many of them hold a huge portion of their wealth in housing. They imagine that they can somehow fix inequality without fixing distortions in the housing market.

Re: Larry Page has moved to Florida

#73

Post by rickydroll »

lotsofpulp wrote: post #61
rickydroll wrote: post #55

Earlier quoted context omitted.

Taxing consumption hurts people more at the lower end of the income scale than at the higher end. It all comes down to what reserves you have to accommodate different scales of financial events. For example, will not having enough money for a tank of gas break you, or just annoy you? Could you survive needing an ambulance ride? Do copays keep you from seeing the doctor, or are they just a rounding error on your incom…

If having less money hurts people, then the government should give them more money. Consumption taxes incentivize reducing waste and is pro environment. Isn't that what California is about? >people acquire it just for the sake of acquiring more and building their personal power. It seems that wealth is used to build more mechanisms of rent-seeking to further extract money from people who make their money through labo…

As I said, I argue for some earned income tax. I'm a proponent of a progressive earned income tax as a way of reinforcing the social contract: we all contribute, we all benefit.

No one tax "solves" the problem. The problem, as I see it, is wealth hoarding beyond what any normal person would need to carry them through to the end of life. Instead of listing everything we should tax, maybe it'd be shorter to say that we look at what billionaires do to avoid taxes and close those loopholes. Then watching them again, and every time they come up with a new tax evasion strategy, fix it.

I wish I had the resources to develop an AI system that could find and document all instances of tax evasion by billionaires. But if I did that, I suspect I would need to be extra careful crossing streets, going near balconies, and reminding people that I'm not suicidal.

Re: Larry Page has moved to Florida

#74

Post by eudamoniac »

_DeadFred_ wrote: post #58
Bender wrote: post #7

From 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.…

So he spent as much on his new house as his lifetime charity giving? Classy guy. https://www.forbes.com/sites/forbeswealthteam/2026/02/09/ame...

How much is your lifetime charity giving, out of curiosity?

Re: Larry Page has moved to Florida

#75

Post by lotsofpulp »

rickydroll wrote: post #73
lotsofpulp wrote: post #61

Earlier quoted context omitted.

If having less money hurts people, then the government should give them more money. Consumption taxes incentivize reducing waste and is pro environment. Isn't that what California is about? >people acquire it just for the sake of acquiring more and building their personal power. It seems that wealth is used to build more mechanisms of rent-seeking to further extract money from people who make their money through labo…

As I said, I argue for some earned income tax. I'm a proponent of a progressive earned income tax as a way of reinforcing the social contract: we all contribute, we all benefit. No one tax "solves" the problem. The problem, as I see it, is wealth hoarding beyond what any normal person would need to carry them through to the end of life. Instead of listing everything we should tax, maybe it'd be shorter to say that we…

My issue is claiming the problem is wealth, and then wanting to tax income, which is not wealth. That is how rich people keep wealth taxes low (e.g. land value tax rates).

All wealth sits on land, and all land is already constantly appraised and subject to land value tax. It would be a trivial change to collect marginal land value tax rates using beneficial ownership.

As an additional benefit, the income tax return, which enables a ton of corruption at worst, and time waste at best, is gotten rid of.

Re: Larry Page has moved to Florida

#76

Post by _DeadFred_ »

Bender wrote: post #69
_DeadFred_ wrote: post #59

Earlier quoted context omitted.

Their 'paying in' is capped at a ridiculously low rate thanks to their continuous lobbying and equal to what doctors pay in. Brin paid more for his new home that his lifetime charity giving according to Forbes. https://www.forbes.com/sites/forbeswealthteam/2026/02/09/ame... looks like he paid more for his new house that what Forbes thinks he's given to charity.

And that's fine. The pay out is also on a scale. I have no desire to "rob the rich". Everyone pays into corrupt governments and fraudulent wasteful government programs. I would rather cut 50% of all programs every year to remove the burden from all citizens.

It might be fine but it's not a brag that 'the billionaire is contributing'.

Reminder that the Republican policy for 40 years has been to 'starve the beast' and in other ways sabotage government programs so that exactly your argument can be presented. Prior to that intentional sabotage by Republicans and aligned political partisans against the United States we had much less fraudulent and wasteful government. When half of the politicians/oversite/management ACTIVELY wants government (and by extension the country) to fail and engage in policies intended to created failure in the government, it's hard to have effective government.

Re: Larry Page has moved to Florida

#77

Post by _DeadFred_ »

eudamoniac wrote: post #74
_DeadFred_ wrote: post #58

Earlier quoted context omitted.

So he spent as much on his new house as his lifetime charity giving? Classy guy. https://www.forbes.com/sites/forbeswealthteam/2026/02/09/ame...

How much is your lifetime charity giving, out of curiosity?

In the 10% range like the normal societal expectation (or requirement if you are religious and actually follow your religion but mine wasn't religious giving). Was higher when I made good money. Dragged down by a decade of not doing well.

Yours?

Re: Larry Page has moved to Florida

#78

Post by claudiulodro »

eudamoniac wrote: post #74
_DeadFred_ wrote: post #58

Earlier quoted context omitted.

So he spent as much on his new house as his lifetime charity giving? Classy guy. https://www.forbes.com/sites/forbeswealthteam/2026/02/09/ame...

How much is your lifetime charity giving, out of curiosity?

More than .07% of my net worth, which is what his giving works out to.

Re: Larry Page has moved to Florida

#79

Post by eudamoniac »

_DeadFred_ wrote: post #77
eudamoniac wrote: post #74

Earlier quoted context omitted.

How much is your lifetime charity giving, out of curiosity?

In the 10% range like the normal societal expectation (or requirement if you are religious and actually follow your religion but mine wasn't religious giving). Was higher when I made good money. Dragged down by a decade of not doing well. Yours?

So, less than your house?

> normal societal expectation

Lol. Which society are you living in?

> Yours?

About $300. I'm not the one shaming people about their house costing more than their charity.

Re: Larry Page has moved to Florida

#80

Post by _DeadFred_ »

eudamoniac wrote: post #79
_DeadFred_ wrote: post #77

Earlier quoted context omitted.

In the 10% range like the normal societal expectation (or requirement if you are religious and actually follow your religion but mine wasn't religious giving). Was higher when I made good money. Dragged down by a decade of not doing well. Yours?

So, less than your house? > normal societal expectation Lol. Which society are you living in? > Yours? About $300. I'm not the one shaming people about their house costing more than their charity.

Western society.

My lifetime giving is more than I paid for my current house. The house in discussion for him is just one of how many that he owns? Or how many boats that count as 'second homes' under tax rules? Also consider he has paid for the entirely of this house, the average person giving 5-10% hasn't come close to paying for their house, so you need to go based off the 'already paid' amount. Also their home would be their largest asset, so going by that his largest asset for comparison would be his stock holdings, an order of magnitude larger than the cost of one of his homes.

Old boy is a billionaire, not a rando, and has proven he has zero shame. Despite starting their companies with techno-optimist claims, the robber barons had more shame/were more decent people/supported society more than the average tech billionaire.

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