Articles for tag: 2026 ballot initiative, california billionaire exodus, california health care union, emergency room funding, gavin newsom, larry page, private stock tax, silicon valley founders, startup appraisal difficulties, tax lawyers, voting shares tax, wealth tax proposal

Why Silicon Valley Considers Leaving California Now

Billionaire Exodus from California: The Real Reason Behind Their Exit California’s proposed wealth tax is causing a stir among the state’s billionaires, and it’s not just the 5% rate that has them on edge. The New York Post recently shed light on the specifics—a proposed tax impacting founders based on their voting shares rather than ...