Read the letter celebrity lawyer Alex Spiro wrote to Gavin Newsom, warning that his clients will 'permanently relocate' if California wealth tax passes

The prominent lawyer, who has represented Elon Musk and Jay Z in the past, said unnamed clients would flee the state if the ...

California admits ‘billionaire tax’ would sink state revenues as advocates cleared to gather signatures

While supporters argue California’s controversial wealth tax would rake in tens of billions of dollars in revenue, the ...
The Financial Express

Billionaires threaten to leave California over proposed wealth tax – 4 arguments lawyer Alex Spiro made in letter to Newsom

Billionaires warn of leaving California over a proposed 5% wealth tax as lawyer Alex Spiro challenges the plan in a letter to ...

California 'billionaire tax' would levy 5% on fortunes in 2027

Voters may weigh a one-time 5% tax on Californians worth $1B+. SEIU backs it; Newsom opposes; tech titans warn they could ...

Celebrity lawyer Alex Spiro sends letter to California governer Gavin Newsom on proposed Wealth Tax; says: Our clients have made it clear that they will not ...

Alex Spiro, a high-profile attorney who has represented tech leaders like Elon Musk and WeWork founder Adam Neumann, has ...
Just The News on MSN

California presses wealth tax despite national unpopularity, billionaires threats to flee

A ballot initiative currently being prepared for November 2026, known as Initiative 25-0024 or the “2026 Billionaire Tax Act, ...

Billionaires are plotting to flee California if huge wealth tax passes

Ultra-wealthy taxpayers in California are planning to flee the state in anticipation of a billionaires tax that will likely ...
Sierra Sun Times

California Proposed Initiative Enters Circulation: Imposes One-Time Tax On Certain Individuals And Trusts.

California Secretary of State Shirley N. Weber Ph.D. announced that the proponent of a new initiative was cleared to begin collecting petition signatures on6, 2025. The Attorney General prepares the ...
Forbes

California 5% Wealth Tax On Billionaires Could Pass This Time

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. California has long been the land of high taxes. Its top 13.3% ...
Forbes

How California’s Tax Collector Collects From Out-Of-State Businesses

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. If you run a business outside of California, you might not think ...