"You know, I gotta tell you, I haven't thought about it even once,"
"We chose to live in Silicon Valley, and whatever taxes, I guess, they would like to apply, so be it,"
"You know, I'm perfectly fine with it. It didn't - it never crossed my mind once."
A proposed one-time 5% wealth tax on California billionaires, or the option to spread payments across five years, is being pursued for a November ballot to fund health care. Reactions among Bay Area tech leaders are divided. Google co-founder Larry Page reportedly removed several business entities from California and appears opposed. Nvidia CEO Jensen Huang expressed indifference and emphasized a commitment to Silicon Valley despite taxes. Huang’s net worth is estimated at $155 billion, meaning a 5% levy would be about $7.75 billion and would not materially alter his remaining wealth or lifestyle.
Read at SFGATE
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