California Commits Economic Suicide as Tech Investors Flee Wealth Tax

As Billionaires Flee, California's Wealth Tax Amounts to Suicide

Robby Soave, Hill It may be too late to save California from itself. That's the sad truth. And it's the fault of progressive interests, particularly labor unions, in that state, that are...

California Loses $1 Trillion as Billionaires Flee State Over 5% Wealth Tax

It seems that there are two Americas now. In one, we still believe in building things. We value hard work, celebrate innovation, and understand that... The post California Loses $1 Trillion as Billionaires Flee State Over 5% Wealth Tax appeared first on Patriot Journal.

California commits economic suicide as tech investors flee wealth tax

The best we can hope for is this tax gets voted down — and serves as a lesson to would-be plunderers elsewhere.

‘Sickening and greedy’: California millionaire slams Larry Page and Sergey Brin for cutting ties with the state to avoid wealth tax

As billionaires flee the state to avoid the proposed wealth tax, other high earners support the one-time tax.

Proposed wealth tax creates long-term budget risks for California

Under the wealth tax proposal, California is at risk of losing something it can’t easily recover.

Meet the Fixer Helping Billionaires Flee California

Peter Thiel, Larry Page, Sergey Brin, and at least a half dozen other billionaires have shifted their residences since the new year. But is it enough to stop the Billionaire Tax Act from making it to the ballot?