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California Billionaire Wealth Tax Sparks Backlash From Crypto and Tech Leaders

By https://coinpedia.org/ on December 29, 2025

The post California Billionaire Wealth Tax Sparks Backlash From Crypto and Tech Leaders appeared first on Coinpedia Fintech News California’s proposed billionaire wealth tax is quickly becoming a major flashpoint for the cryptocurrency and technology sectors. While state leaders say the policy will help fund public services, critics argue it could weaken the startup and innovation economy that helped make California a global powerhouse. The core issue, according to industry leaders, is that the …

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