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California’s 2026 Billionaire Tax Plan Raises Concerns, Tech Leaders Exit

By https://coinpedia.org/ on January 28, 2026

The post California’s 2026 Billionaire Tax Plan Raises Concerns, Tech Leaders Exit appeared first on Coinpedia Fintech News California, which generates about $4.1 trillion and contributes over 14% of the U.S. GDP, is back in the spotlight. A new proposal called the 2026 Billionaire Tax Act aims to tax the ultra-rich with a 5% levy on net worth, sparking serious debate. However, the plan has raised fears of wealth leaving the state and …

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