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Tech titans divided over whether to pay billionaire tax or flee California

California could enact a one-off 5% wealth tax on residents worth over $1 billion to fund education, food assistance, and healthcare.

California proposes a one-time 5% tax on roughly 200 billionaires to offset federal Medicaid cuts and fund healthcare services for the 2026 ballot.

"We don't want to go on strike, but we feel like we have to,"

Healthcare

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