NBA Gambling Scandal, Tesla Trillion Dollar Vote, Billionaire Tax, Amazon Robots, AWS Outage

Maybe we should have discrati on corner as, like, a regular feature of the pod. Good idea. I like it. Discrati on corner. Each of us can give our discrati out of the week. Discrati ad at the end of the show. Yeah. I love that. And then we could do a bestie award at the end of the year for discrati ad of the year. Sacks, once again this week, I'm giving my discretiad to Jason Calacan. So for his opinions from the mainstream media not to give it to you every week, but you made it hard this week. Let me tell you. That's right. Once again, you're sniping from the relative safety of your Texas ranch. Yeah. I know. I got the 50 calibers up. You wanna jump on the ranch? Get ready for the 50. I think we're all gonna You're all gonna have the ranches next to me if this California move tight. If this California wealth tax passes. Oh my god. What's the story with the California WellTech? Can somebody explain this to me? Okay. So the SEIU, the Service Employees Union, filed a ballot initiative, which means a direct to voter vote to amend the California constitution to introduce a one time billionaires wealth tax, where billionaires, anyone who has assets over a billion dollars, net of their debt, has to pay a one time tax of 5% of their net worth, including their private stock, including their real estate. You said 55% of their net worth. Not of their of their net worth. The entire net worth. One time payment to the state of California, and then there's an allocation on how that money will be spent. But it's a one time billionaire tax. Now it is very likely that this sort of an amendment to the California constitution is not constitutional and actually cannot be made and will not actually go into enforcement even if the voters do vote to approve it in both the federal and a state level based on this concept of uniformity, which is that you have to tax everyone equally except for the case of an excise tax, which is like income or a transaction. You're allowed to tax disproportionately based on the size of the income or the size of the transaction. But if you're gonna tax on property, if you're gonna tax on an asset, you have to tax everyone uniformly. So it is likely not gonna go into effect if it does pass. However, it is very likely the case that the SEIU is simply using this as a baiting mechanism to get people to stand up and denounce it. And then they will be in a position to attack those people and destroy them and use this effectively as a political fodder for this next election cycle. That's what it seems like the true kind of motivation right now. So let me let me go on the record. I think this law …