Good let them go. The businesses don’t go with them, you can’t take the property or the infrastructure. They leave, they leave it all behind, it gets broken up and sold off, everyone who matter wins
California can’t just seize corporate assets owned by multiple interested parties in order extract funds from one individual.
That’s the whole issue with this toothless law, California can’t enforce it. Even if they’re able to seize a couple residences, the property in them, some vehicles, etc. There will be decades long court battles over those assets, and they still won’t add up to the hundreds of millions of dollars that a multi-billionaire would be responsible for under this tax.
Good let them go. The businesses don’t go with them, you can’t take the property or the infrastructure. They leave, they leave it all behind, it gets broken up and sold off, everyone who matter wins
Again, that’s not how this works.
California can’t just seize corporate assets owned by multiple interested parties in order extract funds from one individual.
That’s the whole issue with this toothless law, California can’t enforce it. Even if they’re able to seize a couple residences, the property in them, some vehicles, etc. There will be decades long court battles over those assets, and they still won’t add up to the hundreds of millions of dollars that a multi-billionaire would be responsible for under this tax.
You heard it here folks. Time to give up!
Darn, guess governments can’t do anything, may as well not try.