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Billionaires Are Ramping Up Their California Exits on Threat of Wealth Tax - Bloomberg.com

At least a half-dozen billionaires left California before the new year, and their exodus could soon be followed by more than a dozen others in the face of a proposed 5% tax on their wealth, according to financial advisers to the rich.

By:Biz Carson, Dylan Sloan
Source:Bloomberg
Published:
Billionaires Are Ramping Up Their California Exits on Threat of Wealth Tax - Bloomberg.com
At least a half-dozen billionaires left California before the new year, and their exodus could soon be followed by more than a dozen others in the face of a proposed 5% tax on their wealth, according… [+379 chars]

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