California’s Self-Destruction Accelerates as Anti-Trump Union Pushes Wealth Tax and More Billionaires Plot Exit
27th December 2025
“California is on a path to self-destruction. Hollywood is already toast and now the most productive entrepreneurs will leave taking their tax revenues and job creation elsewhere,” Bill Ackman wrote on X, citing a New York Times report that said several billionaires, including Peter Thiel and Larry Page, are preparing to flee the state as a proposed one-time wealth tax ballot measure gains momentum.
Time to leave.