California Has More Billionaires Than Any Other State—Now Some Are Considering Fleeing as a Wealth Tax Is Proposed
Billionaires including tech venture capitalist Peter Thiel and Google co-founder Larry Page are considering leaving California by the end of the year due to a proposed "wealth tax" that would effectively levy a one-time 5% tax on their assets, according to a new report. Thiel, who has a reported net…
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