Leaving California Episodes

California considers a tax on Billionaires: Profoundly anti-Capitalist, or an Idea whose time has come ?
March 22, 2026

California considers a tax on Billionaires: Profoundly anti-Capitalist, or an Idea whose time has come ?

While most European countries have rejected wealth taxes as disincentives for investors and tech investors, California may vote in November to impose a 5% “one time” excise tax on billionaires. The likes of Larry Page and Mark Zuckerberg are looking to relocate to Florida or Texas to avoid it. Wil…
Guest: Jim Herlihy