Billionaires Flee California Amid Proposed Wealth Tax
TL;DR Summary
Sergey Brin is reportedly moving his business entities out of California in response to proposed wealth tax policies, following similar actions by Larry Page, as part of a broader trend among tech billionaires to relocate assets to more tax-friendly states.
- After Larry Page, Sergey Brin Reportedly Moves Business Entities Out Of California Amid Proposed Wealth Tax Benzinga
- Google Co-Founders Sergey Brin and Larry Page Reduce Ties to California The New York Times
- See the list of California's 200-plus billionaires who could be hit by the proposed wealth tax Business Insider
- Nvidia CEO Says He Doesn’t Care About California’s Proposed Billionaire Tax The Wall Street Journal
- Commentary: California made them rich. Now billionaires flee when the state asks for a little something back. Los Angeles Times
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