
"I haven't thought about it even once."
"We work in Silicon Valley because that's where the talent pool is. We have offices all over the world. Wherever there's talent, we have an office."
"We chose to live in Silicon Valley and whatever taxes they would like to apply, so be it. I'm perfectly fine with it, it never crossed my mind once."
"I will miss them very much."
California lawmakers proposed a one-time 5% tax on state residents with net worths of $1 billion or more, targeting roughly 200 individuals. The tax would require a $50 million payment from anyone barely over the $1 billion threshold and would demand nearly $8 billion from a person with a $156 billion net worth. Some high-profile tech figures are reportedly considering spending more time outside California or opening offices elsewhere. Critics warn the levy could push talent and investment out of the state, while others indicate willingness to remain in Silicon Valley despite the potential tax.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]