GOODBYE CALIFORNIA: BILLIONAIRE PETER THIEL BETS BIG TO REPEAL THE RICH TAX
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✍️ Peter Thiel, a billionaire co-founder of PayPal, donated $3 million to a committee opposing a proposed tax on California's richest residents, which could affect assets worth over $1 billion.
👉 Peter Thiel donated $3 million to Californians Against Higher Taxes 👉 The proposed tax would apply a 5% rate on assets worth over $1 billion 👉 The tax is expected to raise approximately $75 million to fund healthcare initiatives 👉 Some investors are considering leaving California due to the proposed tax 👉 Larry Page, co-founder of Google, and Elon Musk have already relocated some of their assets out of California
-- #PeterThiel #RobLapsley #LarryPage #ElonMusk #JDVance #GavinNewsom #California #SiliconValley #Delaware #Texas #Ohio #politics
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