By Matt Durot
California voters are set to determine the fate of California’s proposed billionaire wealth tax (click here) in November. But some of the state’s wealthiest people aren’t taking any chances and have already moved out of state, starting with its two wealthiest people, Google cofounders Larry Page and Sergey Brin. According to their representatives, Page (estimated fortune: $288 billion) and Brin ($265 billion) are now residents of Florida and Nevada, respectively. Though Forbes was unable to find updated voter registrations or declarations of domicile documenting their moves and their spokespeople declined to provide any proof, Brin and Page both recently bought houses out of state as they made their frustration with the tax known....
Why is Elizabeth Warren's message still relevant today?
