JUST IN: Billionaire wealth tax no longer projected to be on California ballot, as billionaires worth a combined $1 trillion+ flee the state in historic wealth exodus.
I just want to personally thank Mayor Zohran Mamdani for scaring away the billionaire class from NYC and helping bring billions in tax revenue to my district of Brickell Miami, where Ken Griffin’s Citadel is building its massive Class A office tower next to my office and bringing thousands of high earning professionals to the area.
The economic shift into Downtown Miami is truly transformative. Billions in new investments, new jobs, new infrastructure, and a growing tax base can help fund schools, transportation, and the modernization of Miami as it evolves into the new Wall Street of America. Keep the expats coming! @ZohranKMamdani #kengriffen #citadel #miami
If you’re not condemning these lunatics, you’re advocating for the end of the American empire.
I’m not for canceling people, but the fact the @nytimes and @newyorker not only employees these individuals, but selects them to represent their brands, shows exactly how bankrupt they are.
Monty Python levels of almost too-cartoonish-to-conceive corruption coming out of the Delaware Chancery Court in the lawfare ops against Elon. This is the judge
🚨 Here is the full 40 minutes of my crew and I exposing California fraud, Minnesota was big but California is even bigger... We uncovered over $170,000,000 in fraud as these fraudsters live in luxury with no consequences. Like it and share it, the fraud must STOP.
We ALL work way too hard and pay too much in taxes for this to be happening. These fraudsters have been able to defraud American taxpayers for years without any pushback from the public and politicians.
It is time to EXPOSE IT ALL and end America's fraud crisis.
The irony of F1’s “green engines”:
- All race cars combined over a season: ~150 tonnes CO₂/year
- F1’s total footprint from flying cargo everywhere: ~250,000+ tonnes
Even if fuel consumption tripled using V12s, that’s <1% from the engines.
But sure, let’s nerf the engines.
Bayes’ theorem is probably the single most important thing any rational person can learn.
So many of our debates and disagreements that we shout about are because we don’t understand Bayes’ theorem or how human rationality often works.
Bayes’ theorem is named after the 18th-century Thomas Bayes, and essentially it’s a formula that asks: when you are presented with all of the evidence for something, how much should you believe it?
Bayes’ theorem teaches us that our beliefs are not fixed; they are probabilities. Our beliefs change as we weigh new evidence against our assumptions, or our priors. In other words, we all carry certain ideas about how the world works, and new evidence can challenge them.
For example, somebody might believe that smoking is safe, that stress causes mouth ulcers, or that human activity is unrelated to climate change. These are their priors, their starting points. They can be formed by our culture, our biases, or even incomplete information.
Now imagine a new study comes along that challenges one of your priors. A single study might not carry enough weight to overturn your existing beliefs. But as studies accumulate, eventually the scales may tip. At some point, your prior will become less and less plausible.
Bayes’ theorem argues that being rational is not about black and white. It’s not even about true or false. It’s about what is most reasonable based on the best available evidence. But for this to work, we need to be presented with as much high-quality data as possible. Without evidence—without belief-forming data—we are left only with our priors and biases. And those aren’t all that rational.
With Zuck’s move to Florida, California’s total taxable wealth from billionaires has plummeted to well under $1T from over $2T just a few weeks ago.
The loss of this tax revenue was totally avoidable but is now forever. All because Gavin Newsom stood motionless as this stupidly written bill, from a fringe union and a handful of socialist academics with an axe to grind, meandered its way into the public conversation without any action from him and freaked everyone out.
These were all people that were paying 13%+ in state income tax every year WITH NO COMPLAINTS UNTIL A FEW WEEKS AGO.
And now, for the rest of time, the lost tax revenues from these folks will have to be paid for by the middle class because they are the only group left in California large enough that you can tax to fill the hole.
He’s forsaken the middle class instead of managing the budget, managing the deficit, eliminating even a portion of California’s gargantuan waste and abuse. He could have done any of these things at any point over the past 7+ years.
But he was silent.
And now California’s budget will implode and he wants to run for President.
Insane.
Socialism never changes.
They promise you free things until they get elected.
They blame the rich for your financial struggles.
Majority buys into it.
The rich leave the state.
Then they raises taxes on YOU.
Finally, the middle class gets DESTROYED.
Kevin O’Leary: “I’d like to investigate fraud. I want my money back that was stolen from me. Is that okay or is that not okay?… I want my money back! I represent taxpayers and I want my money back”