Billionaires Bolt From Blue States Amid Tax Fears, Mirroring Rebellion in 'Atlas Shrugged' Novel

Billionaires Bolt Blue States Amid Tax Fears, Mirroring Rebellion in ‘Atlas Shrugged’

Why does California Gov. Gavin Newsom oppose the billionaires tax? If the wealthy flee, the state will lose much of its tax revenue.

Billionaires bolt from blue states amid tax fears, mirroring rebellion in 'Atlas Shrugged' novel

Ayn Rand was a Russian-born writer who immigrated to the United States in 1926, worked as a screenwriter and playwright and wrote several novels expressing an individualistic philosophy she called “objectivism.” Rand’s novels and outspoken ideology were subjects of academic and media debate from the onset of her literary career, but controversy soared with the 1957 publication of her 1,168-page “Atlas Shrugged.” The novel describes a revolt by b…

Billionaires bolt from blue states amid tax fears, mirroring rebellion in ‘Atlas Shrugged’ novel

This story was originally published by CalMatters. Sign up for their newsletters. Ayn Rand was a Russian-born writer who immigrated to the United States in 1926, worked as a screenwriter and playwright and wrote several novels expressing an individualistic philosophy she called “objectivism.” Rand’s novels and outspoken ideology were subjects of academic and media debate […] The post Billionaires bolt from blue states amid tax fears, mirroring r…