Wealth Shift in California to Out of State: Wealth Tax!

AENN

California lawmakers are considering a wealth tax that could fundamentally reshape the state's economy and trigger a mass exodus of high-net-worth individuals. This isn't just about billionaires—the ripple effects could impact every California taxpayer. We break down what's being proposed, why it's happening now, and what happened when European countries tried similar policies. If you live in California or care about state economic policy, this is information you need to understand.