Wealth Signal
Daily scan · Edition 002 · Monday 14 September 2026 / Transferable to you · Action 05
Does not

Spending to change the rule that taxes you

Inverts below scale

Brin's 0.8% premium only works because the exposure is $13bn and the target is a single ballot measure. Below a certain scale the arithmetic inverts completely: the cost of influencing a rule is fixed and large while your exposure is not. Included as a boundary marker, because this is the category of billionaire behaviour most often generalised into advice that cannot work.

The part that does transfer is the diagnosis, not the tactic. If domicile arbitrage is depreciating — and the 1 January 2026 lookback is evidence that drafters have learned to defeat it — then any plan of yours whose payoff depends on being able to move later is worth less than it appears. Weight structures that work where you already are.

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