Zuckerberg Buys $150M Miami Mansion Amid Calif. Tax Proposal

Right narrative

California's wealth tax proposal has triggered a catastrophic exodus of billionaires, with taxable wealth plummeting from over $2 trillion to under $1 trillion in weeks. These billionaires were happily paying 13% state income tax until this reckless bill spooked them into fleeing, and now the middle class will bear the burden of lost revenue forever. This follows the predictable pattern of every tax expansion — start with the rich, set a precedent, then expand to everyone else.