Palmer Luckey says staying in California amid tax plan upsets billionaire friends
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Palmer Luckey, a tech entrepreneur, has voiced his concerns regarding California's proposed billionaire tax. This tax seeks to impose a one-time 5% net-worth levy on its billionaires. Luckey plans to remain in California despite pressure from other billionaires who advocate leavi...
Palmer Luckey, a tech entrepreneur, has voiced his concerns regarding California's proposed billionaire tax. This tax seeks to impose a one-time 5% net-worth levy on its billionaires. Luckey plans to remain in California despite pressure from other billionaires who advocate leaving. He believes this tax could drive businesses away and result in negative consequences for the state.
Original Source
https://timesofindia.indiatimes.com/technology/tech-news/palmer-luckey-says-that-californias-wealth-tax-that-has-many-billionaires-leaving-the-state-has-become-point-of-friction-between-him-and-his-friends-says-that-they-are-upset-that-by-not-leaving-california-i-am-/articleshow/135487095.cms
