Pablo S Go Bar

housing provider / evil landlord (depending on the day)

[Pablo S Go Bar @PaulS85990]

@rickmcgahey @ItaiGrinberg He is literally lying about his claims at this point 2/2

[Pablo S Go Bar @PaulS85990]

@gabriel_zucman Brin and Page (and Thiel) have already left, removing 28.6% of the taxable wealth out of state.

Why do you keep saying it’s highly unlikely? It’s literally already occurred. You just keep repeating the same lie over and over again. It’s disgusting.

[Pablo S Go Bar @PaulS85990]

@rickmcgahey @ItaiGrinberg He is using an obvious false dichotomy to ground basically his entire argument. 1/2

[Pablo S Go Bar @PaulS85990]

@gabriel_zucman This is such an obvious false dichotomy. A one-time tax sets the precedent for more “one-time” taxes in the future. A one-time tax can happen many times and never become an annual tax. Your theory is bunk. It’s actually unlikely that a one-time tax would only happen once.

[Pablo S Go Bar @PaulS85990]

@JosephPossum @lthlnkso It’s basically impossible for the net impact to be positive.

It’s reducing the size of the financial pie CA has to distribute, while distributing more of that pie to people who do not produce things, and just consume.

Absolutely a net negative for CA.

[Pablo S Go Bar @PaulS85990]

@jamesbond4zp @Cap4freedom @MattWallace888 @MurrayHillGuy1 Well, he said everyone adds an inch. I’m not actually tall, tall. But I’m in a good range and there are diminishing returns on exaggerating your height once you get there

[Pablo S Go Bar @PaulS85990]

@geniusliberator @aarmlovi He’s been community noted on 3-4 of the posts in his thread. This is an epically bad thread!

His lies are being laid bare.

[Gabriel Zucman @gabriel_zucman]

This Hoover Institution study, which has fueled the deluge of ads (more than $200 million spent by billionaires so far) to defeat the California billionaire tax, is spectacularly misleading.

Let me explain its crucial flaw. 🧵

[Pablo S Go Bar @PaulS85990]

@geniusliberator @aarmlovi This changes literally nothing about the impacts of prop 40.

More importantly, in this he repeats a proven lie to mislead his audience

[Pablo S Go Bar @PaulS85990]

@gabriel_zucman Brin and Page (and Thiel) have already left, removing 28.6% of the taxable wealth out of state.

Why do you keep saying it’s highly unlikely? It’s literally already occurred. You just keep repeating the same lie over and over again. It’s disgusting.

[Pablo S Go Bar @PaulS85990]

@sasncsheri @gabriel_zucman https://t.co/NxuJhzXWfy

[Pablo S Go Bar @PaulS85990]

@gabriel_zucman Brin and Page (and Thiel) have already left, removing 28.6% of the taxable wealth out of state.

Why do you keep saying it’s highly unlikely? It’s literally already occurred. You just keep repeating the same lie over and over again. It’s disgusting.

[Pablo S Go Bar @PaulS85990]

@nicholasjarboe @gabriel_zucman Yep. He just keeps repeating the lie because his ideological followers don’t care about facts.

[Pablo S Go Bar @PaulS85990]

@gabriel_zucman Brin and Page (and Thiel) have already left, removing 28.6% of the taxable wealth out of state.

Why do you keep saying it’s highly unlikely? It’s literally already occurred. You just keep repeating the same lie over and over again. It’s disgusting.

[Pablo S Go Bar @PaulS85990]

@gabriel_zucman Actual disinformation:

[Pablo S Go Bar @PaulS85990]

@gabriel_zucman Brin and Page (and Thiel) have already left, removing 28.6% of the taxable wealth out of state.

Why do you keep saying it’s highly unlikely? It’s literally already occurred. You just keep repeating the same lie over and over again. It’s disgusting.

[Pablo S Go Bar @PaulS85990]

@gabriel_zucman Brin and Page (and Thiel) have already left, removing 28.6% of the taxable wealth out of state.

Why do you keep saying it’s highly unlikely? It’s literally already occurred. You just keep repeating the same lie over and over again. It’s disgusting.

[Pablo S Go Bar @PaulS85990]

@aarmlovi @geniusliberator Pragmatic. Helpful. And possible. Thank you sir

[Pablo S Go Bar @PaulS85990]

@geniusliberator @aarmlovi Insofar as aspects of this are a de facto wealth tax, I would support these ideas, yes.

My actual reply would be much less specific (eg yes I agree we should find more ways, moderately, to capture unrealized gains and wealth at the federal level).

[Alex Armlovich @aarmlovi]

@geniusliberator @PaulS85990 We should start with stepped-up basis, DBCFT with higher corporate tax rates, and a VAT

Part of me wonders if the step-up rule should be rebranded as wealth tax

[Pablo S Go Bar @PaulS85990]

@MurrayHillGuy1 I bet many guys will unmatch later. And many guys will think yeah I can totally just get her to suck me off once and never see her again

[Pablo S Go Bar @PaulS85990]

@Cap4freedom @MattWallace888 @MurrayHillGuy1 Disagree. I’m a legit 6’ and have no reason to exaggerate. Since I don’t exaggerate it give me extra cred immediately upon meeting irl

[Pablo S Go Bar @PaulS85990]

@zachweinberg Yes. He refuses to incorporate the uncertainty prop 40 adds to the equation, and the de-risking activities that will result from it.

He’s pretending billionaires are stupid and irrational. I’d wager most are definitely not.

[Pablo S Go Bar @PaulS85990]

@carney “Why would I deceive you? I have nothing to hide”

[Pablo S Go Bar @PaulS85990]

@geniusliberator @aarmlovi Terrible comparison. Norway’s tax hits 700k moderately wealthy people who can’t easily move countries. Prop 40 strictly targets ~200 ultra-high-net-worth billionaires with endless mobility. Moving US states is seamless; fleeing Norway to Switzerland requires an exit tax and visa.

[Pablo S Go Bar @PaulS85990]

@fortwitno @geniusliberator @aarmlovi There are even better reasons it’s a bad comparison. The Norway tax starts on only moderately wealthy ppl, who have far less mobility to relocate to avoid tax than ultra high net worth.

But your point is a good one. Changing citizenship is a much higher bar than moving states.

[Pablo S Go Bar @PaulS85990]

@geniusliberator @aarmlovi What a non sequitur.

The 28.6% is Brin, Page and Thiel.

[Pablo S Go Bar @PaulS85990]

@Willenation @moseskagan @gabriel_zucman @TheGarpInvestor Nailed it. Proving someone wrong is ~ the highest level incentive, lol