Home Tech Why Silicon Valley is really talking about fleeing California (it’s not the 5%)

Why Silicon Valley is really talking about fleeing California (it’s not the 5%)

If you’ve been following the billionaire exodus from California with some confusion, here’s what’s actually driving the nervousness: it’s not the 5% rate. As highlighted Friday in the New York Post, the proposed wealth tax would hit founders on their voting shares rather than the actual equity they own. Take Larry Page, who about 3% […]

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NYT Pips hints, answers for January 18, 2026

Welcome to your guide to Pips, the latest game in the New...

Today’s NYT Mini Crossword Answers for Sunday, Jan. 18

Here are the answers for The New York Times Mini Crossword for...

NYT Connections Sports Edition today: Hints and answers for January 18, 2026

Today’s Connections: Sports Edition will be easier if you know Italian soccer...

Wordle today: Answer, hints for January 18, 2026

Today’s Wordle answer should be easy to solve if you’re familiar with...