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Jan 16 • 10:00 UTC • 🇺🇸 USA • Fox News

California billionaires flee state’s wealth tax in the most-predictable result ever

California's wealthiest residents are leaving the state in response to a newly proposed Billionaire Tax Act, which imposes a one-time 5% tax on individuals with a net worth exceeding $1 billion.

#california #wealth tax #billionaires #SEIU #politics
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