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

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 …