California’s proposed billionaire tax divides tech industry

A plan to tax California’s billionaires has tech leaders picking sides: some say they’ll pay up, others are packing their bags for different states. Here’s what’s on the table: any California resident worth more than $1 billion would pay a one-time tax of 5 percent on their assets. The money would go to schools, food […] source: https://www.cryptopolitan.com/california-proposed-billionaire-tax-divides/