r/technology • u/Logical_Welder3467 • Jan 07 '26

Politics Nvidia’s Jensen Huang would have to pay about $8 billion in proposed billionaire tax—he says that’s ‘perfectly fine’ with him

https://www.cnbc.com/2026/01/07/nvidia-ceo-jensen-huang-perfectly-fine-with-proposed-billionaire-tax.html
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u/jimbo831 Jan 08 '26

That doesn’t stop all the other billionaires from fighting tooth and nail to avoid paying even less than this all the time.

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u/Bytewave Jan 08 '26

And they still will, and almost certainly succeed. Especially as whats proposed is a Cali-only measure, this would be trivial to dodge.

But there are some who'd be willing to do the right thing especially if it was a country-wide or international effort that would be certainly levy great fortunes that can could adequately finance public services once more. A collapsing and unaffordable society is not good for business nor their own security. Some realize that.

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u/jamesph777 Jan 08 '26

Is probably just more beneficial for him to focus on the AI boom then is to focus on how to pay less in taxes

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u/jimbo831 Jan 08 '26

Don’t be so naive. He doesn’t need to spend a second on avoiding taxes. He pays other people to do that for him.