💥BREAKING: Mark Zuckerberg Reportedly Leaves California Amid Wealth Tax Debate 🇺🇸🌴
Meta CEO Mark Zuckerberg has reportedly relocated from California to Florida as lawmakers in Sacramento continue discussing a proposed “wealth tax” targeting ultra-high-net-worth individuals. While no official statement directly links his move to the tax proposal, sources claim the potential financial impact played a role in the decision. California has been exploring measures that could tax unrealized gains and large asset holdings of billionaires.
California has long been the epicenter of Big Tech, but rising taxes, regulatory pressure, and cost of living concerns have already pushed several executives and companies to consider relocation. Florida, by contrast, has no state income tax and markets itself as a business-friendly hub. If confirmed, Zuckerberg’s move would be one of the most high-profile exits in the ongoing debate over wealth taxation in the U.S.
This signals a broader trend — capital mobility is real. When policy tightens, high-net-worth individuals and corporations optimize geography. States competing for elite capital could reshape America’s economic map over the next decade.
Watch state tax policy battles closely — capital flight narratives can influence tech valuations, venture flows, and real estate markets. 🌎📉
