About this episode
California's 5% billionaire wealth tax has cleared the ballot threshold and could raise $100 billion if voters approve it in November. In this video, IMI covers the law applying retroactively to any residents worth over $1 billion on January 1, the billionaire exodus already in motion, the $80 million counter-offensive funded by Google's founders, and the three strategies wealthy Americans are running to prepare for a potential federal version.
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