Letters to the Editor: A crypto startup leaving California? It won’t be missed
To the editor: Oh no! How will we ever recover from the loss of cryptocurrency startup (check notes) BitGo moving to (check notes) South Dakota (“California crypto startup moves to South Dakota as debate over proposed wealth tax heats up,” Jan. 21)?
I’m beginning to warm up to the proposed ballot measure to levy a one-time tax on California’s billionaires. It seems like a great vehicle to rid the state of greedy, selfish and pampered residents.
Fred Gober, Playa Vista
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To the editor: The proposed tax on billionaires should be 3%, not 5%. Generally speaking, billionaires would no doubt pay no taxes if they could and, with numerous loopholes already, they pay a low relative rate.
But at a tiny 3% for just…
