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Billionaires make strategic moves out of California ahead of proposed wealth tax

Details
07 January 2026
California billionaires like Larry Page and Larry Ellison are making business and real estate moves ahead of a proposed 5% wealth tax on assets over $1 billion goes into effect.

Orignial Source:

https://www.foxbusiness.com/money/billionaires-make-strategic-moves-california-ahead-proposed-wealth-tax


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