Kevin O'Leary Makes a Bold Prediction About 'Un-American' Billionaire Tax
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7 Articles
Will Crypto Billionaires Actually Leave California After New Tax? - Invest In Crypto News
Crypto billionaires are threatening to leave the state of California after a prominent trade union proposed a 5% assets tax on residents worth more than $1 billion. The Service Employees International Union-United Healthcare Workers West proposed the new tax back in November 2025. The trade union suggested that the new tax would bring in up to $100 billion from 200 state residents, more than making up for federal funding cuts to California’s sta…
The threat of a California billionaire tax is drawing sharp criticism from the wealthiest. Opponents of the measure say the proposed tax will drive high-net-worth residents out of the state. The companies of two major California investors issued notices on New Year's Eve to establish new out-of-state branches.
Will Crypto Billionaires Really Leave California Over Tax Hike?
Crypto Billionaires Consider Leaving California Over Proposed Wealth Tax California faces a potential exodus of crypto billionaires and tech moguls after a prominent trade union proposed a new 5% assets tax targeting residents with net worth over $1 billion. The initiative, introduced by the Service Employees International Union-United Healthcare Workers West in November 2025, aims to generate an estimated $100 billion by taxing wealth rather th…
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