Mark Zuckerberg is reportedly making significant investments in Sacramento, California, while simultaneously acquiring a lavish Miami mansion. This move, alongside other tech titans like Larry Page and Sergey Brin relocating to Florida, is fueled by California’s proposed Billionaire Tax Act. The potential 5% tax on net worth exceeding $1 billion could cost Zuckerberg billions, prompting a westward exodus.
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- August 23, 2021
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