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California
fromtherealdeal.com
1 day ago

Billionaires flee California as 5% wealth tax ballot measure looms

Many billionaires are leaving California to avoid a potential one-time 5 percent tax on fortunes over $1 billion for residents as of Jan. 1, 2026.
California
fromBusiness Insider
4 days ago

Jensen Huang said he is 'perfectly fine' with the California billionaire wealth tax and breaks with other tech CEOs

Nvidia CEO Jensen Huang said he is unconcerned about California's proposed 5% billionaire wealth tax and will stay in Silicon Valley for its talent pool.
California
fromBusiness Insider
1 week ago

Business leaders from Palmer Luckey to David Sacks react to California's proposed billionaire tax

California proposes a one-time 5% wealth tax on residents with over $1 billion, prompting business leaders to warn of relocation and mixed responses.
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