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Letters to the Editor: A crypto startup leaving California? It received’t be missed
Opinion

Letters to the Editor: A crypto startup leaving California? It received’t be missed

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Last updated: January 22, 2026 4:53 pm
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Published: January 22, 2026
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Jan. 22, 2026 8 AM PT

To the editor: Oh no! How will we ever get well from the lack of cryptocurrency startup (examine notes) BitGo shifting to (examine notes) South Dakota (“California crypto startup strikes to South Dakota as debate over proposed wealth tax heats up,” Jan. 21)?

I’m starting to heat as much as the proposed poll measure to levy a one-time tax on California’s billionaires. It looks like an excellent automobile to rid the state of grasping, egocentric and pampered residents.

Fred Gober, Playa Vista

..

To the editor: The proposed tax on billionaires ought to be 3%, not 5%. Typically talking, billionaires would little question pay no taxes if they may and, with quite a few loopholes already, they pay a low relative price.

However at a tiny 3% for simply 200 billionaires, even a billionaire on the decrease finish of the dimensions would possibly really feel that could be a truthful extra tax for all their “onerous work.” It will assist the opposite overwhelming majority of taxpayers with decrease taxes. Would any billionaire with a way of disgrace argue in opposition to that?

Steve Watson, San Clemente

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