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Relocation threats shouldn’t stop California from taxing billionaires

The evidence we have available today suggests that wealthy people do not move in droves when lawmakers raise their taxes.

PoliticsBy Wire ServicesFebruary 26, 20261 min read

Last updated: April 4, 2026, 10:16 AM

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Relocation threats shouldn’t stop California from taxing billionaires

The evidence we have available today suggests that wealthy people do not move in droves when lawmakers raise their taxes.

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Wire Services

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