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Larry Page has moved to Florida
- shablulman 7mo ago[flagged]
- jackvalentine 7mo agoOh no?
- GenerWork 7mo ago>"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.
- georgemcbay 7mo ago> Do people often pretend that they're going to move? It isn't unheard of. Adam Carolla has been threatening to move out of California for like at least a decade at this point.
- 486sx33 7mo ago[dead]
- serf 7mo agoits a luxury of the ultra-rich. they threaten to move to push legislation which way they want.
- deleted 7mo ago[deleted]
- burnt-resistor 7mo agoA number of my friends who belong in these very high upper brackets have suggested to me, more in sorrow than in anger, that if I am reelected they will have to move to some other Nation because of high taxes here. I shall miss them very much but if they go they will soon come back. For a year or two of paying taxes in almost any other country in the world will make them yearn once more for the good old taxes of the U.S.A. President Franklin D. Roosevelt Address at Worcester, Massachusetts October 21, 1936 It's always a bluff like a kid throwing a temper tantrum going to "hold their breath".
- Alupis 7mo agoEvery election you have celebrities and wealthy individuals threaten to leave the country, etc. Nearly none of them follow-through, and of the ones that do, many ultimately move back. Page left California specifically because of the so-called "Billionaire Tax", and is taking with him his family (which will inherit his vast riches), his philanthropy, his non-profits, many jobs, taxes and more. The effect will be generations of lost benefits to California.
- garciasn 7mo agoYeah; there's absolutely no way he could possibly support philanthropic efforts in one state from another. Nope; everyone now loses out because of it! There is absolutely 0 reason that someone worth $270 billion needs to worry about the 5% tax. The 5% tax will reduce his estimated worth by $13.5B bringing him to a paltry $256.5B. To put $256.5B in perspective: over two /lifetimes/, he would need to spend around $4.5MM a day to exhaust that number, assuming it did not grow exponentially over that same time.
- zeroonetwothree 7mo ago1. The tax could cause him to sell equity he doesn't want to. It's not like he has $270B in a checking account. 2. If they do it once then why not again next year? Maybe next time it's for only $100 million or $10 million or $1 million. Eventually everyone is paying 5% of their wealth every year. Why not? That's how we got the current income tax. 3. It's the principle. Resisting these efforts sends a signal that they aren't a good idea. 4. Do we really think the money is better off in control of the incompetent CA government than invested in private enterprise or donated to charity? I don't see how it's better for it to line Newsom's Swiss bank account.
- garciasn 7mo agoIt’s supposedly a one-time tax; but, you’re right; who knows what they’ll do. But his net worth has effectively more than doubled in 1y. I think he’ll be just fine.
- 7mo ago
- tkel 7mo agoThey threaten to do this every single time there is an election in NYC. And studies have shown that they are lying. To try and manipulate people. The rich are actually far less likely to move. [1] https://fiscalpolicy.org/migration https://fiscalpolicy.org/migration
- viraptor 7mo agoThere are two pretend types: - they move their official residence and happen to stay most of the time at the "totally just rented" place in the same state anyway - or keep telling everyone how they're going to move, but don't actually do. Because let's be honest - if there wasn't a big reason to live where they do, and it wasn't a pain to work from another state, they wouldn't be there to begin with. They're paying the higher taxes because they benefit(ed) in some way. They also benefit from being famous and threatening to leave.
- steveBK123 7mo agoYes.. Florida is fine, and the weather is even nice 3-6 months/year depending on your basis of comparison. But if you are unfathomably rich, it's missing a lot of the culture/arts/schools/dining/tier 1 medical care/things to do of a big blue city like NYC/Bay Area/whatever. It's also culturally a place who already made their money elsewhere go to flaunt it. It's a very different vibe than places people work and grow wealth. So a lot of the uber rich already have 5 homes, one of which is Florida, and they spend exactly enough days there, creating exactly enough of a paper trail to show Florida is their primary residence. In practice it may just be adjustments around the edges to where they already spend time. Most only do this if they are childless, the kids are out of the house, or they are extremely divorced.. since it's disruptive to kids being in school.
- kcplate 7mo ago> it's missing a lot of the culture culture/arts/schools/dining/tier 1 medical care/things to do… My guess is you haven’t spent much time in Miami or Florida. It’s most definitely not just theme parks and beaches.
- steveBK123 7mo agoI've spent plenty of time in Miami & Palm Beach Sure there's stuff, but its like 1/10th the stuff Friends who moved down ended up keeping their NYC doctors after being very unhappy with treatment, etc
- deleted 7mo ago[deleted]
- kipukun 7mo agoThis almost feels like satire.
- Bender 7mo agoFrom 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.
- maddmann 7mo agoSomething needs to be done about the historic inequality in this country. It will undue all the “innovation” (ie selling ads and addicting people to the internet) that these tech billionaires have contributed.
- Bender 7mo agoInequality will always be a thing. I am not saying it should be, just that it will be. Different people have different skill-sets, are in the right or wrong places at the right or wrong time, have different connections with people and a million other factors. Some are born with good RNG, some with a bad roll. We as a society can barely get along with one another as this world gets more inter-connected and as more incompatible cultures are forced to mix with one another. There are too many conflicting and incompatible situations to fix before we can even get close to equality. That is the reality I can see. Perhaps if we divided ourselves up into a matrices of 512 or 1024 groups and each group populated a planet of their own then perhaps some of those planets could achieve the desired equality. Maybe. No idea how long it would last. Even the sci-fi dream of Gene Roddenberry's totally equal future came with a lot of pain, wars, chaos and after all that there was still significant inequality and violence and this was from someone that was a staunch believe in all forms of equality. Even he had to keep it real enough or people would not be able to suspend disbelief yet still fictional enough to allow escapism. I'm perfect fine not being as wealthy as Larry Page and having all the stress and drama that comes with it.
- deleted 7mo ago[deleted]
- jdlshore 7mo agoIf you think wealth inequality is a societal problem, billionaires leaving to avoid taxes is a feature, not a bug.
- tehjoker 7mo agoNot really, so long as they influence affairs on planet earth, their wealth and influence will continue to cause compounding problems.
- cgio 7mo agoThis is a correct observation. The question is whether it’s meaningful to pursue local coherence when locality is vague. E.g. can someone at that level just declare permanent residence in a place but maintain their lifestyle in another? At country level they cover that with tax residence, I am not sure whether that’s the case between states in the US. Even as such, people who get on their plane as frequently as I get in my car are not subject to the same residence considerations.
- tkel 7mo agoAre they still able to own corporations in California while living out of state? Then it's still a bug.
- tkel 7mo agoThis kinda misses the larger point. How are billionaires created? By the structure of the capitalist firm. The capitalist gets all of the wealth created by the organization and unilaterally can decide what to do with it, running the organization as a dictator. That is the bug. "Billionaire" is simply the most obvious and egregious form. The class interest of the billionaire capitalist is the same as the class interest of the millionaire capitalist is the same as the class interest of the small business owner. Unless all of the capitalists leave, the capitalist class will still control the entire economy of California.
- lapcat 7mo ago> 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.
- lotsofpulp 7mo ago#2 is a problem with California’s tax laws. A marginal land value tax would easily tax wealth without wealthy people having to sell assets. Also, more economic activity, such as rich people buying products and services, results in sales tax and income for other Californians.
- selridge 7mo agoTake that up with the CA voters circa 1979.
- Alupis 7mo ago[flagged]
- selridge 7mo agoI hope he sees this, bro.
- greenburger 7mo agoWhat philanthropic initiatives or non-profits? Regarding philanthropy, this Forbes estimate [0] suggests Page is not particularly engaged in philanthropy compared to others in his wealth class. [0] https://www.forbes.com/sites/forbeswealthteam/2026/02/09/americas-top-25-philanthropists---and-why-musk-page-and-ellison-arent-on-the-list/ https://www.forbes.com/sites/forbeswealthteam/2026/02/09/ame...
- lapcat 7mo ago
- cbradford 7mo ago[flagged]
- georgemcbay 7mo agohttps://www.youtube.com/watch?v=Eo-KmOd3i7s https://www.youtube.com/watch?v=Eo-KmOd3i7s
- snapetom 7mo agoThis 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."
- selridge 7mo agoYeah sounds like he was really scrimping.
- steveBK123 7mo agoI have a lot of UK employees and the tax system is quite strange compared to US. One of them described it to me as a "great place to already be rich". If you make under say $200-250k, you pay way way higher taxes in the UK. Above that, if you are in a high tax US city/state .. US total fed/state/local taxes start to pull well ahead at the $500k & $1M income levels. Seems like a defect.
- AceJohnny2 7mo agoI wonder how he figures that. I'm well paid and my CA taxes are 1/3 as much as my Federal taxes. Especially in the current regime, CA taxes are not first my point of complaint. This just reinforces my opinion that we shouldn't listen to billionaires about anything.
- kgwxd 7mo agoDoes anything this dope post automatically make it to the front page?
- disqard 7mo agoA worthwhile question. Also, worth keeping in mind how posts that are "unrelated to technology itself" could arguably trigger the hard-core contingent here. So, just like how Trump's or Elon's bloviations get flagged here, PG's posts could, in theory, also evoke the purest hacker mentality -- at scale. Interpret it as you wish :)
- matt_daemon 7mo agoHN rage bait
- selridge 7mo agoBetter dead in California than alive in Florida, to paraphrase.
- camillomiller 7mo agoWhat 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.
- jzellis 7mo agoOh 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
- bdangubic 7mo agoThe 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
- tkel 7mo agoPeople 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.
- ChrisArchitect 7mo agoRelated previously: Larry Page leaves California to protect $12.5B from proposed wealth tax https://news.ycombinator.com/item?id=46556803 https://news.ycombinator.com/item?id=46556803
- dwighttk 7mo agoWhat we need is worldwide open borders, except out… no one can leave once they get here
- tempodox 7mo agoI feel for the tax fugitives who are too poor to afford living in California any longer.