2026-10-10 04:46 UTC
Billionaires won't flee. The state won't lose money. But taxing the rich in CA could spread nationwide. Billionaires just got a massive tax cut from Trump. California billionaires' wealth grew more than 30% a year from 2023 to 2025 and is on track to...
https://jwz.org/b/ylBW
Replies (1)
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@CliffsEsport@mastodon.social 2026-10-10 13:28
@jwz@mastodon.social wealthy moving their wealth to minimize losses and maximize gains is really common. So why do you think they wouldn't flee? Or do you mean not all of them? That might be true.