California’s 2026 Billionaire Tax Plan Raises Concerns, Tech Leaders Exit

BitcoincomNews · 2026-01-28T10:31:44+00:00

California's 2026 billionaire tax aims to tax 200 ultra-wealthy residents with assets over a billion. Reports indicate tech founders are relocating to states like Florida and Texas, while public support declines as details of unrealized wealth taxation emerge.

BitcoincomNews

2026-01-28 10:31:44

Abstract generation in progress

Story Highlights* California’s 2026 billionaire tax targets about 200 ultra-wealthy residents with assets above one billion.

Early reports show tech founders like Larry Page, Sergey Brin, shifting homes and capital to Florida Texas ahead now.
Voter support drops sharply once public learns details of unrealized wealth taxation plans fully.

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