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California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. 'I am screwed for life' | Fortune
"One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life."
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fortune.com
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. 'I am screwed for…
"One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life."
- ·
cnbc.com
California's Ro Khanna faces Silicon Valley backlash after embracing wealth tax
A proposal to tax California billionaires at 5% of their wealth could land on the California ballot in November.