California Billionaire Tax: Why Millionaire Emil Barr Canceled His San Francisco Move

Who Wants To Tax a Millionaire?

Supporters of the Millionaires Tax focus on the “Millionaires” — opponents focus on the “tax.”

California wants to tax billionaires. This 23-year-old millionaire says it helped convince him to stay away

Ohio-based founder Emil Barr fears broader wealth taxes could follow. It's an "anti-entrepreneurial" attitude, he told Fortune. Jensen Huang disagrees.

California billionaire tax: Why millionaire Emil Barr canceled his San Francisco move

At 23, Emil Barr is already a millionaire building a business in Columbus, Ohio. But San Francisco’s investors and AI scene caught his eye—enough that the Flashpass founder told Fortune he signed a lease to move there about a year ago. He changed his mind after looking more closely at California’s regulatory and tax environment, […]

Meet a 23-year-old millionaire who canceled his plan to move to San Francisco because of a billionaire tax he might never have to pay

At 23, Emil Barr is already a millionaire building a business in Columbus, Ohio. But San Francisco’s investors and AI scene caught his eye—enough that the Flashpass founder told Fortune he signed a lease to move there about a year ago. He changed his mind after looking more closely at California’s…