03/24/2026
"The truth: this tax is not a threat to innovation — it is a long‑overdue public dividend from a class of billionaires who became rich on the backs of the government. These tech titans did not bootstrap themselves into existence. Their wealth was built atop federal research grants, defense contracts, regulatory frameworks, and state‑guaranteed markets that shaped every stage of California’s rise as a global technology hub. The mythology of the “free market” has always obscured the reality that Silicon Valley’s success was engineered through massive state intervention."
-- DUANE ROBERTS
The public helped create tech fortunes via government grants, defense contracts and corporate-friendly regulation. Some payback is in order.