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Will Crypto Billionaires Actually Leave California After New Tax?

Billionaires in California are concerned about a new proposed tax law and are threatening to leave, but there are doubts over whether they’ll follow through.

Crypto billionaires are threatening to leave the state of California after a prominent trade union proposed a 5% assets tax on residents worth more than $1 billion.
The Service Employees International Union-United Healthcare Workers West proposed the… [5945 chars]

Source: Cointelegraph | Published: 2026-01-04T13:00:00Z

Credit: Cointelegraph

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