Crypto and Tech Billionaires Warn of California Exodus Over Proposed 5% ‘Unrealized Gains’ Wealth Tax
High profile names throughout the crypto and tech sector are sounding alarms over California’s proposed 2026 Billionaire Tax Act, a poll initiative that will impose a one-time 5 p.c tax on web wealth above $1 billion, together with unrealized beneficial properties on paper property, to assist fund state providers. Opponents argue the measure may set…
