Billionaire tax proposal roils Bay Area havens, divides politicians
A proposed one-time 5% wealth tax on California billionaires is sharply dividing Silicon Valley, prompting heated backlash and political conflict over funding state healthcare.
'You are really playing with fire with this one': California billionaires tax ignites, pitting labor unions and voters against tech execs | Fortune
A proposed one-time 5% tax on California billionaires' assets has triggered political conflict, relocation threats from tech leaders, and heavy campaign spending.
This billionaire tax proposal has tech titans threatening to leave California
A proposed one-time 5% tax on California billionaires' assets sparked Silicon Valley backlash, threats of relocation, major political donations, and uncertainty over ballot qualification.