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Reel

Billionaires Respond To California Wealth Tax By Trying To Buy Tax Office

· 44 sec

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California's proposed billionaire wealth tax has prompted an unusual response from the state's wealthiest residents. Instead of paying the tax, they're reportedly trying to buy the people collecting it.

Transcript

California is considering a billionaire wealth tax. The billionaires have responded by attempting to purchase the tax collectors.

One family office offered to buy the entire Franchise Tax Board. All cash. Inspection waived. Employees included, provided they stop asking questions.

On screenHalvorsen Reach Family Office · Private Capital Management · 88 Oak Hollow Lane, Woodside, CA 94062 · (650) 555-0148 · March 9 · Dear Franchise Tax Board, · We are pleased to submit an all-cash offer for your entire agency, including buildings, staff, records, and pending audits. Purchase is AS IS. Inspection waived. Employees may remain, subject to a brief discussion about their attitude toward wealth. We can close in ten days. Please advise whether California is included. · Whitaker Halvorsen Principal

Officials received thirty-one offers for the agency and one for California itself. That buyer insisted the coastline remain attached.

On screen31 · Offers for tax agency · 1 for California · Fictional Franchise Tax Board intake log

Staff stamped every offer and filed them alphabetically. California required its own folder. Nobody approved overtime.

On screenFranchise Tax Board · Mail Intake · Unsolicited Acquisition Correspondence · Entry 9917 · Offers for agency · 31 · Offers for California · 1 · Coastline · Buyer requests inclusion · Action · Date-stamped, filed · Folder · Oversize · The State of California is not currently listed for sale. Please refrain from submitting revised offers to the governor's personal residence. · FILED

The board insists it cannot be bought. Its parking lot sold Tuesday. Employees now pay forty dollars daily to defend that principle.

Satire. Everything in this reel is made up for comedy.

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