California's proposed billionaire wealth tax faces fierce opposition from tech leaders like Palmer Luckey, who warns of forced asset sales and financial ruin for entrepreneurs. Critics decry the measure as government overreach, potentially driving away innovation and talent, while proponents argue it addresses wealth inequality and funds essential services.
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California's proposed billionaire wealth tax faces fierce opposition from tech leaders like Palmer Luckey, who warns of forced asset sales and financial ruin for entrepreneurs. Critics decry the measure as government overreach, potentially driving away innovation and talent, while proponents argue it addresses wealth inequality and funds essential services.
California's proposed billionaire wealth tax faces fierce opposition from tech leaders like Palmer Luckey, who warns of forced asset sales and financial ruin for entrepreneurs. Critics decry the measure as government overreach, potentially driving away innovation and talent, while proponents argue it addresses wealth inequality and funds essential services.
December 29, 2025 at 07:20PM
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