California Billionaires Maneuver Now in Case Wealth Tax Passes
California’s wealthiest residents are maneuvering to reduce their net worth in case a billionaire tax becomes law. Some may even try to drop below $1 billion on paper. [Source]
Publication Date:Origin: nytimes.com
Category: Taxation
Topics: paper, billion, below, becomes, billionaire, worth, reduce, maneuvering, residents, wealthiest, California’s, Passes, Wealth, Maneuver, Billionaires, California
Source: https://www.nytimes.com/2026/02/14/us/california-billionaire-wealth-tax.html