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Billionaire Jeffrey Gundlach slams California over taxes, may leave state
Fox Business ^ | September 28 2020 | Jonathan Garber

Posted on 09/28/2020 12:03:59 PM PDT by knighthawk

Billionaire bond fund manager Jeffrey Gundlach is considering packing his bags to escape the “incompetent governance” of California.

“Elon Musk, Joe Rogan and Ben Shapiro, to name just a few, are leaving California to escape incompetent governance,” Gundlach tweeted on Saturday evening. “The ‘response’ from Sacramento? Wealth and massive income tax increases on job creators (AKA 'the wealthy').”

Gundlach, who did not immediately respond to FOX Business’ request for additional comment, has an estimated net worth of $2.2 billion, per Forbes. His firm, DoubleLine Capital, has more than $137 billion in assets under management.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: News/Current Events; US: California
KEYWORDS: california; gundlach; jeffreygundlach; taxes

1 posted on 09/28/2020 12:03:59 PM PDT by knighthawk
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To: knighthawk

l8r


2 posted on 09/28/2020 12:09:30 PM PDT by preacher ( Journalism no longer reports news, they use news to shape our society.)
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To: knighthawk

The DEMs don’t care. They have want they want from California: a nearly locked DEM super-majority and Electoral control with 55 EVs (it was 45 EVs when Reagan was first elected in 1980).


3 posted on 09/28/2020 12:10:47 PM PDT by CatOwner
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To: preacher
Wonder what it will take to push him over the edge. Fidiot! 😲
4 posted on 09/28/2020 12:15:43 PM PDT by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: knighthawk

CA will just double down on stupid as usual, and then charge people taxes retroactively if they do have the audacity leave the state.


5 posted on 09/28/2020 12:16:56 PM PDT by qwerty1234
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To: knighthawk

Who did he vote for?


6 posted on 09/28/2020 12:17:23 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: knighthawk

Even Phil Left California for Florida:

Mega-Rich Golfer Phil Mickelson Complains About His Tax Rate, Hints He Might Move Out Of California

https://www.businessinsider.com/phil-mickelson-taxes-leaving-california-2013-1


7 posted on 09/28/2020 12:20:02 PM PDT by 1Old Pro (FILL THE SEAT)
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To: 1Old Pro

CA taxes have been an abomination for many years—and _now_ these clowns are finally figuring it out.....

talk about slow learners...


8 posted on 09/28/2020 12:46:27 PM PDT by cgbg (Masters don't want slaves talking about masters and slaves.)
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To: knighthawk

Only for taxes?

No stay, please don’t ruin another state by going there.


9 posted on 09/28/2020 1:07:19 PM PDT by chickenlips
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To: knighthawk

When will California build a wall to keep the golden geese from fleeing?


10 posted on 09/28/2020 2:18:53 PM PDT by captain_dave
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To: knighthawk

If you move, please forget to pack LIBERALISM, so you don’t screw up another state.


11 posted on 09/28/2020 4:57:35 PM PDT by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable family...even the dog is, too. :-) Trump 2020)
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To: knighthawk

How about staying to fix your chit hole? How about putting up a few billion to recall Nuisance?


12 posted on 09/29/2020 12:51:18 AM PDT by Choppo
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