California Tech Billionaires Threaten Exodus Over Proposed Vest Tax Legislation
By
The Onion Staff
5mo ago· 1 min readen
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Summary
Tech billionaires in California are threatening to leave the state over a proposed 'vest tax' that would tax their windproof synthetic fabric vests. Tax advisor Aaron Faucher claims clients including Larry Page and Peter Thiel are already preparing to move their gilet collections to more tax-friendly states like Texas, citing the legislation as a threat to their wardrobe rights.
Key quotes
· 3 pulledCiting a right to keep their torsos sheathed in windproof synthetic fabrics, tech billionaires were reportedly threatening to flee California on Monday over a proposed statewide vest tax.
If the legislature passes this measure, you can bet that countless entrepreneurs and venture capitalists are going to pack their bags and move their gilet collections to Texas
several of his clients, including Larry Page and Peter Thiel, had already begun transferring garment bags to states more friendly to billionaire wardrobes
SAN FRANCISCO—Citing a right to keep their torsos sheathed in windproof synthetic fabrics, tech billionaires were reportedly threatening to flee California on Monday over a proposed statewide vest tax. “If the legislature passes this measure, you can bet
