With all due respect @garrytan, opposing this tax without challenging the premise behind it is still kicking the can down the road—and SF and tech leaders have done that for too long. You cannot accept one form of punitive taxation, as California already has, and object only when it takes another form.
This isn’t an argument against taxation. Taxes should be driven by genuine public need, with defined limits, measurable outcomes, sunset provisions, and clear accountability—not by envy or an endlessly expandable demand to “pay your fair share.”
Entrepreneurs have already contributed enormously by creating companies, jobs, products, equity, payouts, and tax revenue. The wealth their risk-taking creates for employees, customers, investors, and society often vastly exceeds what they personally retain.
Many entrepreneurs also want to give back. They simply want the freedom to pursue their own ideas about how best to improve the world. We need to challenge the envy-driven taxation engine itself—not merely say we dislike this particular version of it.
Pretty valid point. I have been saying this for a while now. We will be the largest domestic market for a long foreseeable future. We need better system overall (infra, lifestyle, justice etc) for talent to come back and more importantly India needs to become culturally relevant for rest of the world to engage. That is how we can win being an open society and that is far more sustainable. The time has not yet arrived
One more thought.
Economic strength alone isn’t enough. India also has to become more culturally relevant if we want the world to see us as a leading nation.
Today, we don’t have the same cultural exports or global influence that many major powers do. We don’t dominate globally followed sports, our fashion and entertainment have limited mainstream reach outside the diaspora, and our non-aligned foreign policy often means we’re not at the center of global narratives. To much of the world, India can still feel like a billion-plus people quietly minding their own business.
That has to change.
The world collaborates with countries it understands and admires. We need to market India better—not just as an economy, but as a culture, a destination for talent, a place to build companies, do research, create art, and shape ideas.
Technology follows talent. Talent follows opportunity. And opportunity often follows cultural relevance.
China didn’t become an AI leader simply by creating demand for domestic tech. It also benefited from a massive wave of highly skilled talent returning home after studying and working abroad.
If India focuses only on forcing adoption of Indian products without first building a deep talent base, it could backfire.
India is taking a slower, but more durable path. We are likely to be one of the world’s largest consumer markets for the rest of this century. If we can keep the country stable, build world-class infrastructure and quality of life, strengthen our judiciary, and provide robust IP protection, talent will come back. Not just Indians, but eventually global talent as well.
That’s a much harder machine to beat because people choose to build there—they aren’t compelled to.
We don’t need to rush or manufacture outcomes. We need to build patiently and wait for our time. Every great civilization has had its moment. India’s moment will come if we get the fundamentals right.
@Paris_dnd May be true for him, but most rich people want to control the society (in a positive way) with all the money they have. They dont necessarily want to take all the money to their grave or distribute it to their offsprings. So the real solution is somewhere in the middle
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@dror_sharon@drjoshfunk@sweatystartup Might not be fully correct. Except SVB and Signature, all other regional banks and their executives are essentially given a lifeline to save their business and their equity. They will recover from the mistakes they made
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@yegg @senjudiciary Also, why is revenue to traffic ratio of DDG not comparable or even better than that of google, per your argument that contextual is better than behavioural.
@yegg @senjudiciary Curious to know top 3 reasons why DDG has not been able to get comparable traction to google, not even 1% of overall ad traffic. Definitely users would not complain a search tool that does not follow them
@AirAsia harassing passenger @ MAA Airport, demands return tkt to allow boarding citing non-existent policy. Passenger walks up to immigration counter & based on orders from immigration official was allowed to board. Is this a tactic to force people to buy tickets from #AirAsia?
@AirAsia harassing passenger @ MAA Airport, demands return tkt to allow boarding citing non-existent policy. Passenger walks up to immigration counter & based on orders from immigration official was allowed to board. Is this a tactic to force people to buy tickets from #AirAsia?
@the_hindu@TOIIndiaNews@gomantaktimes photo clicking session by para forces went on for 45 mins. Scary. Hope situation is diff in kashmir https://t.co/HZzdO5yzGZ