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Google co-founder Larry Page leaves California ahead of billionaire tax vote

As Californians gear up to cast their votes on Proposition 40, which suggests a one-time tax on billionaires, notable figures like Larry Page have relocated their businesses far from the state's reach to evade this tax burden. While the tax could potentially rake in $100 billion, the exodus of these wealthy individuals—who would collectively owe around $29 billion—poses a serious threat to California's expected income from this tax initiative.

Where: California

Exact coordinates

california: 36.780, -119.420

Read it at The Times of India See this on the map

Google co-founder Larry Page leaves California ahead of billionaire tax vote
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