Only 6 billionaires left California over its proposed wealth tax — but they took $27 billion in potential revenue with them

Only 6 billionaires left California over its proposed wealth tax — but they took $27 billion in potential revenue with them

Larry Page and Sergey Brin alone account for $25 billion of that lost revenue — and billionaires are now funding a campaign to kill the tax entirely.

Six of Californias 214 billionaires have been widely reported to have left the state in time to avoid a proposed 5% wealth tax but that small cohort would have collectively generated $27 billion in t… [+3503 chars]
Only 6 billionaires left California over its proposed wealth tax — but they took $27 billion in potential revenue with them - FHMnews