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paleotn

(22,318 posts)
21. Companies go where the talent is. It isn't all about state legislation or taxes.
Fri Apr 10, 2026, 07:22 PM
Friday

Case in point....Jensen Huang of Nvidia fame isn't the least bit worried about the California wealth tax. Said so himself. Apparently he's not psychotically greedy and can do math, i.e., the leavy wouldn't really impact him all that much in the grand scheme. One less yacht to ski behind perhaps, but no worries, he has several. Plus, Cali is where the talent is. It sure as shit isn't in Gadsden freaking Alabama.

https://www.cnbc.com/2026/01/07/nvidia-ceo-jensen-huang-perfectly-fine-with-proposed-billionaire-tax.html

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6 members have recommended this reply (displayed in chronological order):

Well damn montanacowboy Friday #1
Five will get you ten it will only apply to liberal organizations/corporations. Arthur_Frain Friday #12
Montana isn't exactly filled with liberals. Biophilic Friday #19
Of course not Arthur_Frain Friday #20
You don't have to apologize. I just had a moment of insanity. Biophilic Friday #23
You're actually perfectly sane GenThePerservering 17 hrs ago #55
Good... 2naSalit Friday #2
Which state constitution? MadameButterfly Friday #13
Montana... 2naSalit Friday #16
Wow MadameButterfly Friday #17
The Montana constitution is subservient to the US Constitution. onenote 17 hrs ago #52
I'm pretty sure you're right about this. Morbius 7 hrs ago #73
Came here to say exactly this. MontanaMama 17 hrs ago #57
There you are! 2naSalit 17 hrs ago #58
Montana is in such a weird place right now. MontanaMama 17 hrs ago #59
I do hope... 2naSalit 17 hrs ago #60
Corporations exist solely at the states' discretion. pecosbob Friday #3
Rec progressoid Friday #4
Trmp and Miller were delighted to see that headline ... until they got to the last word. nt eppur_se_muova Friday #5
I hope Montana can get this done. If the voters passed such a think in my state of Missouri... Gore1FL Friday #6
There will be the inevitable outcry that this will discourage companies from company to Montana. pnwmom Friday #7
"Take your grifting asses elsewhere" orangecrush Friday #9
Of course, until a majority of other states pass these measures. It is PAST TIME to stand up to these PatrickforB Friday #10
Push for every damn state to pass the same bill. Scalded Nun Friday #11
We can't do it as a ballot measure in WI because we don't have them. AllyCat Friday #22
Texas does not have citizen initiatives either RussBLib 17 hrs ago #49
😢 AllyCat 8 hrs ago #70
When does Evers leave? And how's the race to succeed him looking? Callie1979 17 hrs ago #56
His term would be up January'27 AllyCat 8 hrs ago #72
Maybe it will save corporations a lot of money MadameButterfly Friday #14
Companies go where the talent is. It isn't all about state legislation or taxes. paleotn Friday #21
when you have $x,000,000,000.00 a yearly tax bil of $x,000.000.00 doesn't mean much dave99 Friday #27
It really doesn't. Like you or me making a nice donation to our favorite charity. paleotn Friday #29
It doesn't matter where they are, this will affect them. thesquanderer Friday #26
I'm not sure a market as small as Montana would matter to them. pnwmom Yesterday #33
I don't know about that. Even the PR would be bad. thesquanderer 16 hrs ago #61
I don't think there's a long list of companies wanting to come there anyway, Bayard Friday #31
Hell yes! orangecrush Friday #8
Who ever dreamed that Montana would be the state to turn this around? MadameButterfly Friday #15
It could happen anywhere GreenWave Friday #24
And should immediatiely do so! BlueMTexpat 16 hrs ago #62
Not a surprise. Montana had a statute barring corporations from election-related spending for 100 years onenote 14 hrs ago #66
Something to watch closely! SWBTATTReg Friday #18
K&R mvd Friday #25
Come on Delaware! You can do it too! Scrivener7 Friday #28
If Delaware were to do this EuterpeThelo 20 hrs ago #39
Yep. This would be a very worthwhile are for us Democrats to put a concerted effort. Scrivener7 20 hrs ago #42
Nevada EuterpeThelo 1 hr ago #75
DURec leftstreet Friday #30
K&R Bayard Friday #32
... Faux pas Yesterday #34
Come on Illinois! live love laugh Yesterday #35
Nuts & Bolts here: LudwigPastorius Yesterday #36
This is a great step, but what is the scope? Ruby the Liberal 21 hrs ago #37
Right EuterpeThelo 20 hrs ago #40
I really hope this works. Martin68 20 hrs ago #38
Delaware and South Dakota are homes to many large corporations. 3Hotdogs 20 hrs ago #41
The blue print for the entire USA. Passages 19 hrs ago #43
All that yelling? Wonder Why 19 hrs ago #44
Surprize, surprise, surprise! Surprised it's Montana! Figarosmom 19 hrs ago #45
Wow, that is exciting! Fla Dem 19 hrs ago #46
I don't see this surviving constitutional challenge. onenote 18 hrs ago #47
Avarice will always find a way..... SergeStorms 18 hrs ago #48
What about independent billionaires? RussBLib 17 hrs ago #50
this monstrosity has damaged Democracy around the world samsingh 17 hrs ago #51
While I completely agree with the potential progress. genxlib 17 hrs ago #53
Robert Reich posted in his substack about it last week FakeNoose 17 hrs ago #54
corporations will move their charters to delaware rampartd 15 hrs ago #63
It seems to be about corporations doing business in Justice 6 hrs ago #74
For those of you surprised that this is Montana, where have you been? biocube 15 hrs ago #64
Democrats (who aren't tied to corps) should unite with common folk MAGA on this issue LiberalLovinLug 14 hrs ago #65
That probably is among the best political news I've ever read -misanthroptimist 14 hrs ago #67
That's A Scary Title Before One Gets To "United"! 😵 ColoringFool 13 hrs ago #68
DESTROY IT Blue Owl 12 hrs ago #69
Oh happy day if CU gets the boot. oasis 8 hrs ago #71
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