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2026-05-08 10:12:48 UTC

Twig on Nostr: California’s proposed “Billionaire Tax”, it’s a 2026 ballot measure. If ...

California’s proposed “Billionaire Tax”, it’s a 2026 ballot measure.

If approved, it would add a one-time ~5% tax on billionaires’ wealth, net assets, to fund public services.

Some of the most famous ones:

Larry Page (Google co-founder) — ~$260B
Sergey Brin (Google co-founder) — ~$240B
Mark Zuckerberg (Meta) — ~$230B
Larry Ellison (Oracle) — ~$200B+
Jensen Huang (NVIDIA) — tens of billions
Eric Schmidt (former Google CEO)
Dustin Moskovitz (Facebook co-founder)