Tech billionaires threaten to flee California over proposed 5% wealth tax

Sent: Sunday, December 28, 2025 at 10:28:36 PM EST

Subject: Tech billionaires threaten to flee California over proposed 5% wealth tax

I thought you would be interested in this story I found on MSN: Tech billionaires threaten to flee California over proposed 5% wealth tax - https://www.msn.com/en-us/money/other/tech-billionaires-threaten-to-flee-california-over-proposed-5-wealth-tax/ar-AA1TaNwK?ocid=socialshare

Well, there is Musk.

Many will flee to northern Nevada.

And keep operations in California.

depends on how the tax is assessed.