alt Hacker NewsLarry Page has moved to Florida
Comments
>"He wasn't just pretending to move to Florida."
Do people often pretend that they're going to move? Seems like a weird thing to say.
People don't realize that "philanthropy" is a standard way for ultra-rich to peddle influence and store their money to avoid taxes. Many philanthropies invest their donations and actually make money off investments every year, spending little. It is an investment vehicle. And an easy way to accept bribes. And for influence, take for example Bill Gates' "philanthropy" to fund charter schools and undermine public schools, ultimately enriching charter school capitalists.
This thread showcases exactly why they do this: It is enough to simply slap the name "philanthropy" on something in order to have people thinking it is good and defending you. It is an effective PR stunt, which is why they all do it. Don't be the fool.
If you think wealth inequality is a societal problem, billionaires leaving to avoid taxes is a feature, not a bug.
> it has cost California both Larry's presence and all the tax revenue it made from him.
1. Google itself isn't moving. I don't think Larry is closely involved anymore, and a move out of state seems to prove that.
2. How much tax revenue did California even make from him? If he doesn't sell stock, then he has no capital gains to tax. That's the whole point of the wealth tax. The ultra-wealthy are infamous for tax avoidance schemes such as rotating loans against their stock to avoid capital gains.
From elsewhere:
Google co-founder Larry Page moved to Florida from California in early 2026, purchasing over $188 million in Miami property. He left California to avoid a proposed 5% state wealth tax targeting billionaires, shifting his primary residence and assets to Florida, which has no state income tax.
Makes sense to me. Several businesses and individuals from NYC have also moved to Florida for similar reasons. If I were hard working or creative as them to be as wealthy I would do the same and I know others here would too, they just wouldn't likely admit or say it. None of that prevents one from having a satellite office in the former state.
Oh no?
HN rage bait
This part from Paul Graham on his own move was eye opening:
"After we'd been in England for several years, I asked the people who do our taxes to check, and they told me that I actually saved money by moving to England. That's how high California state taxes are already."
The story here should be “Larry Page, a billionaire, was a legal resident of California to begin with”
He can live anywhere he wants to and have residency anywhere he wants to. This sounds like “Larry can’t afford to live in Cali and is forced to “move” to Florida and never set foot in Cali ever again” He’ll move his mail and get FL Driver License and continue to chill in Cali (which he should have done decade ago
This almost feels like satire.
What a vomit-inducing billionaire fondling. It’s patently and provably false the taxing billionaires will make them flee and therefore society is worse off for that. It’s a disgusting narrative by greedy antisocial people who have lost every and any contact with the meaning of living in society. You wanna make things better for the world? Then fuck your disingenuous startups, pay more taxes. Fucking leeches, each and everyone of these scumbags. PG absolutely included.
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Does anything this dope post automatically make it to the front page?
Oh no, his assistant will be buying all his groceries at a Florida Whole Foods instead of a California one and he'll be topping up his private jet at the Miami Airport instead of Oakland oh noooo how will California survive
Better dead in California than alive in Florida, to paraphrase.