E85: SBF's crypto bailout, Zendesk sells for ~$10B, buyout targets, US diplomacy, AlphaFold & more
All-In with Chamath, Jason, Sacks & Friedberg
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Concerns Over Tax Increases for Personal Philanthropy in California
This chapter examines the proposal by a wealthy individual to raise taxes in California to support personal initiatives, sparking debates about its impact on taxpayers and the state's financial stability. The discussion includes opposition from groups like the California Teachers Association, who warn against the negative consequences for public services and community needs.
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