đ¨ BREAKING MACRO: California is seeing accelerating capital flight as the proposed â2026 Billionaire Tax Actâ gains political momentum.
The plan reportedly includes a one-time 5% wealth tax, and early moves are already happening.
High-profile names like Google founders Larry Page and Sergey Brin are rumored to have relocated assets and residency ahead of the proposal.
Why this matters đ
⢠Capital is mobile â taxes are not
⢠Wealth taxes often trigger pre-emptive exits, not delayed compliance
⢠When capital leaves, tax bases shrink, not expand
This isnât just a California story.
Itâs a signal to global investors watching how policy risk impacts wealth preservation strategies.
Hard assets, global liquidity, and portable value networks ($BTC, $XRP, $SOL) tend to benefit when jurisdictional risk rises.
Markets donât wait for laws to pass â they move ahead of them.
đ¸ Not financial advice. Awareness only.
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