California’s proposed "billionaire tax" is prompting millionaires to plan their exits. A New York Post report reveals fears that the levy could eventually target smaller fortunes. Concerns escalated after proposal author Emmanuel Saez suggested the tax might become permanent, while a business memo warned it could eventually impact the middle class.
from Times of India https://ift.tt/RkZv2IT
https://ift.tt/z6mQuY3
Why California's Billionaire's Tax is 'spooking' its millionaires now
June 23, 2026
0
