Crypto Titans Revolt Over California’s 5% Wealth Tax Proposal

Leaders in crypto and tech are pushing back hard against a proposed one-time 5% wealth tax in California. The measure would hit net worth above $1 billion and would tax paper gains—assets counted e...

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Crypto Titans Revolt Over California’s 5% Wealth Tax Proposal

Source: Bitcoinist.com

Leaders in crypto and tech are pushing back hard against a proposed one-time 5% wealth tax in California. The measure would hit net worth above $1 billion and would tax paper gains—assets counted even if they haven’t been sold. Related Reading: Santa Didn’t Come For Bitcoin ETFs: $782 Million Walks Out The Door Supporters say […]