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“The comment comes just two weeks before voters in California will decide on a so-called “billionaire’s tax”, which would put a 5% tax on the state’s billionaires, that the wealthy have been spending millions fighting against.”

“Residents are entitled to ask what exactly they receive for providing scarce resources to some of the wealthiest corporations on earth.”

“Krugman pointed out that wealth has been concentrating at the top of the U.S. economy for decades, so the growing wave against that concentration of wealth appears to be driven by those like Musk and Trump himself, who has flaunted his use of taxpayer money…”

“The sustained investment in California continues despite concerns over the passing of a billionaire tax bill to fund healthcare and education that’s coming up for a vote in November.”