Home / Technology / Proposed billionaires’ tax in California rattles Silicon Valley, entangles Gov. Newsom

Proposed billionaires’ tax in California rattles Silicon Valley, entangles Gov. Newsom

A technology mecca, California has more billionaires than any other state — a few hundred, by some estimates.

LOS ANGELES (AP) — A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom maneuvers to defeat a levy that he fears will lead to a… [5695 chars]

Source: Bangor Daily News | Published: 2026-01-14T05:11:51Z

Credit: Bangor Daily News

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