California’s billionaires may have 2 choices in 2026: Leave the state or pay $50 million or more

  • Posted on December 23, 2025
  • By Bing News
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California’s billionaires may have 2 choices in 2026: Leave the state or pay $50 million or more

A proposed California tax is sparking fears of a mass exodus of the state’s billionaires, who warn it could drain capital and stifle innovation.
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