BREAKING: California just rejected a 5% wealth tax on billionaires ($1B+ net worth)
Proposal would've funded healthcare, food assistance & education
Bullish for:
→ Keeping capital in-state
→ Crypto whales not fleeing CA
→ Less regulatory pressure on high net worth individuals
California chose not to chase out the money. Smart move or missed opportunity? 🤔
Proposal would've funded healthcare, food assistance & education
Bullish for:
→ Keeping capital in-state
→ Crypto whales not fleeing CA
→ Less regulatory pressure on high net worth individuals
California chose not to chase out the money. Smart move or missed opportunity? 🤔