March for Billionaires
@marchforbillionaires.org
Billionaires get a lot of hate. But the average billionaire is someone who created a lot of wealth by making things people want.
Join us in celebrating billionaires' contributions, Feb 7 in San Francisco. https://marchforbillionaires.org
Join us in celebrating billionaires' contributions, Feb 7 in San Francisco. https://marchforbillionaires.org
Very different case. After the Massachusetts millionaires tax, its top tax bracket is still a third lower than California's. The proposed wealth tax in CA is fatally flawed.
February 6, 2026 at 7:12 AM
Very different case. After the Massachusetts millionaires tax, its top tax bracket is still a third lower than California's. The proposed wealth tax in CA is fatally flawed.
That's 1% of their total workforce.
February 6, 2026 at 4:26 AM
That's 1% of their total workforce.
There are now many tech startups that raise at valuations of billions or tens of billions of dollars before IPO.
February 5, 2026 at 7:03 PM
There are now many tech startups that raise at valuations of billions or tens of billions of dollars before IPO.
People use Google search because they feel it's the best option or because they never changed the default. What market power does Google have there? Switching costs are zero.
February 5, 2026 at 6:40 AM
People use Google search because they feel it's the best option or because they never changed the default. What market power does Google have there? Switching costs are zero.
You voluntarily choose to use Google knowing it has ads, meaning it has positive value to you. There's no externality imposed on non-Google users.
February 5, 2026 at 6:34 AM
You voluntarily choose to use Google knowing it has ads, meaning it has positive value to you. There's no externality imposed on non-Google users.
Several reasons:
- complexity of valuing illiquid assets
- forcing payers to take liquidity on potentially bad terms
- laying the groundwork for wider asset seizure
- retroactivity to the start of this year
- taxing voting power instead of economic ownership
- complexity of valuing illiquid assets
- forcing payers to take liquidity on potentially bad terms
- laying the groundwork for wider asset seizure
- retroactivity to the start of this year
- taxing voting power instead of economic ownership
February 5, 2026 at 6:16 AM
Several reasons:
- complexity of valuing illiquid assets
- forcing payers to take liquidity on potentially bad terms
- laying the groundwork for wider asset seizure
- retroactivity to the start of this year
- taxing voting power instead of economic ownership
- complexity of valuing illiquid assets
- forcing payers to take liquidity on potentially bad terms
- laying the groundwork for wider asset seizure
- retroactivity to the start of this year
- taxing voting power instead of economic ownership
Bad institutions and governance, mainly: en.wikipedia.org/wiki/Why_Nat...
The richest countries are all capitalist liberal democracies with strong property rights (or petrostates).
If your argument is that immigration lifts people out of poverty, I agree with it.
The richest countries are all capitalist liberal democracies with strong property rights (or petrostates).
If your argument is that immigration lifts people out of poverty, I agree with it.
Why Nations Fail - Wikipedia
en.wikipedia.org
February 2, 2026 at 12:27 AM
Bad institutions and governance, mainly: en.wikipedia.org/wiki/Why_Nat...
The richest countries are all capitalist liberal democracies with strong property rights (or petrostates).
If your argument is that immigration lifts people out of poverty, I agree with it.
The richest countries are all capitalist liberal democracies with strong property rights (or petrostates).
If your argument is that immigration lifts people out of poverty, I agree with it.
Hi Katie! We sincerely believe what we're saying. We think most billionaires have had greatly positive societal impacts, directly and indirectly. We support wealth creation and oppose rent-seeking/extraction, anticompetitive practices, and regulatory capture.
February 1, 2026 at 10:54 PM
Hi Katie! We sincerely believe what we're saying. We think most billionaires have had greatly positive societal impacts, directly and indirectly. We support wealth creation and oppose rent-seeking/extraction, anticompetitive practices, and regulatory capture.
From our website. We don't necessarily endorse everything these people have done, but we think their contributions to society have been clearly net positive.
February 1, 2026 at 8:35 PM
From our website. We don't necessarily endorse everything these people have done, but we think their contributions to society have been clearly net positive.
Hi Dustin,
We've removed your name from our site to focus on billionaires whose positive impact came mainly through what they built as opposed to philanthropy.
We too worry about regulatory capture, money in politics, and corruption. We see them as abuses of economic power, not an indictment of it.
We've removed your name from our site to focus on billionaires whose positive impact came mainly through what they built as opposed to philanthropy.
We too worry about regulatory capture, money in politics, and corruption. We see them as abuses of economic power, not an indictment of it.
February 1, 2026 at 8:08 PM
Hi Dustin,
We've removed your name from our site to focus on billionaires whose positive impact came mainly through what they built as opposed to philanthropy.
We too worry about regulatory capture, money in politics, and corruption. We see them as abuses of economic power, not an indictment of it.
We've removed your name from our site to focus on billionaires whose positive impact came mainly through what they built as opposed to philanthropy.
We too worry about regulatory capture, money in politics, and corruption. We see them as abuses of economic power, not an indictment of it.
We're serious. No one is paying us for this. We know that our views are unpopular here, but we believe in engaging in good-faith discourse with those of differing opinions.
February 1, 2026 at 8:06 AM
to add to this: poverty in DRC is due to weak institutions, disease, wars, corruption, and colonial rule. Some billionaires like Dan Gertler have exploited this for personal gain, which we condemn. We support the Norwegian model of taxes on resource extraction to benefit the people.
February 1, 2026 at 7:43 AM
to add to this: poverty in DRC is due to weak institutions, disease, wars, corruption, and colonial rule. Some billionaires like Dan Gertler have exploited this for personal gain, which we condemn. We support the Norwegian model of taxes on resource extraction to benefit the people.
February 1, 2026 at 7:41 AM
to add to this: poverty in DRC is due to weak institutions, disease, wars, corruption, and colonial rule. Some billionaires like Dan Gertler have exploited this for personal gain, which we condemn. We support the Norwegian model of taxes on resource extraction to benefit the people.
We're serious. No one is paying us for this. We know that our views are unpopular here, but we believe in engaging in good-faith discourse with those of differing opinions.
February 1, 2026 at 7:20 AM
We're serious. No one is paying us for this. We know that our views are unpopular here, but we believe in engaging in good-faith discourse with those of differing opinions.
True, Weissman and Karikó made key discoveries, but so did BioNTech founders and billionaires Uğur Şahin and Özlem Türeci.
February 1, 2026 at 7:07 AM
True, Weissman and Karikó made key discoveries, but so did BioNTech founders and billionaires Uğur Şahin and Özlem Türeci.
Reasonable people can disagree on tax policy. We think that the proposed tax in CA is poorly designed, and makes our state unattractive to founders that power our economy. There are other options we support that would raise revenue by closing tax loopholes without risking killing the golden goose.
We're not categorically against taxing billionaires more. The "buy, borrow, die" loophole is real, and fixable by treating equity-backed loans as realized gains. But a tax on all assets and equity isn't the way forward.
Bill Ackman is among the billionaires who have taken issue with a proposal in California to tax the wealthy based on assets. The hedge-fund manager proposed an idea that would aim to address the loophole known as “buy, borrow, die” that allows rich Americans to live tax-free off their paper wealth.
February 1, 2026 at 6:15 AM
Reasonable people can disagree on tax policy. We think that the proposed tax in CA is poorly designed, and makes our state unattractive to founders that power our economy. There are other options we support that would raise revenue by closing tax loopholes without risking killing the golden goose.
Paul Graham put it nicely: "Let's attack poverty, and if necessary damage wealth in the process. That's much more likely to work than attacking wealth in the hope that you will thereby fix poverty."
Economic Inequality
paulgraham.com
February 1, 2026 at 6:15 AM
Paul Graham put it nicely: "Let's attack poverty, and if necessary damage wealth in the process. That's much more likely to work than attacking wealth in the hope that you will thereby fix poverty."
There isn't some fixed pie of wealth that billionaires are monopolizing. People who found companies create new wealth, and capture only a slice of that. Imagine how much poorer we would be if iPhones, Google, Uber, Spotify, or mRNA vaccines did not exist. Even Bluesky was created by a billionaire!
February 1, 2026 at 6:15 AM
There isn't some fixed pie of wealth that billionaires are monopolizing. People who found companies create new wealth, and capture only a slice of that. Imagine how much poorer we would be if iPhones, Google, Uber, Spotify, or mRNA vaccines did not exist. Even Bluesky was created by a billionaire!
Poverty is a serious issue that we care deeply about. But billionaires aren't responsible for it. The DRC has no billionaires, yet 75% of its population lives in extreme poverty.
We applaud billionaires like Bill Gates and Warren Buffet who have saved millions of lives with their charity.
We applaud billionaires like Bill Gates and Warren Buffet who have saved millions of lives with their charity.
February 1, 2026 at 6:15 AM
Poverty is a serious issue that we care deeply about. But billionaires aren't responsible for it. The DRC has no billionaires, yet 75% of its population lives in extreme poverty.
We applaud billionaires like Bill Gates and Warren Buffet who have saved millions of lives with their charity.
We applaud billionaires like Bill Gates and Warren Buffet who have saved millions of lives with their charity.
We freely acknowledge that not all billionaires are good people. We strongly oppose Trump, and while we appreciate Musk's contributions to EVs, space exploration, and rural internet access, we're disappointed with the right-wing turn he's taken. Child abusers deserve to be prosecuted to the fullest.
February 1, 2026 at 6:15 AM
We freely acknowledge that not all billionaires are good people. We strongly oppose Trump, and while we appreciate Musk's contributions to EVs, space exploration, and rural internet access, we're disappointed with the right-wing turn he's taken. Child abusers deserve to be prosecuted to the fullest.