"Guys, we've got a totally new idea: Instead of taxing billionaires, why don't you just crack the toughest political nut to crack in California politics, Prop 13, the political brick wall against which generations of California reformers have bashed their heads!" —authors from Princeton and Chicago

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@bloomberg.com: "At the end of the day, he did not go anywhere, and I think that’s going to be the story for other billionaires," says Professor Brian Galle @bdgesq.bsky.social, who helped design Proposition 40, on Mark Zuckerberg staying in CA: https://bloom.bg/4zcMzRI

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The California ballot proposal system is truly bonkers and I don't know how you can look at it in sum and say, "this is a good way to do democracy."

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Just gonna repost it so I can Tap the Sign when we anyone asks me

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“Brin giving $100 million is like a middle-class family splurging on a big night out at Olive Garden. It’s nothing to him. The amount of wealth being created is an order of magnitude above norms. This is what late-stage democracy looks like.” www.nytimes.com/2026/10/27/t...

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