Jan. 22, 2026 8 AM PT
To the editor: Oh no! How will we ever get better from the lack of cryptocurrency startup (examine notes) BitGo shifting to (examine notes) South Dakota (“California crypto startup moves to South Dakota as debate over proposed wealth tax heats up,” Jan. 21)?
I’m starting to heat as much as the proposed poll measure to levy a one-time tax on California’s billionaires. It looks as if an awesome automobile to rid the state of grasping, egocentric and pampered residents.
Fred Gober, Playa Vista
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To the editor: The proposed tax on billionaires must be 3%, not 5%. Typically talking, billionaires would little question pay no taxes if they might and, with quite a few loopholes already, they pay a low relative price.
However at a tiny 3% for simply 200 billionaires, even a billionaire on the decrease finish of the dimensions would possibly really feel that may be a honest further tax for all their “laborious work.” It will assist the opposite overwhelming majority of taxpayers with decrease taxes. Would any billionaire with a way of disgrace argue towards that?
Steve Watson, San Clemente
