đšThe "Billionaire Tax" is coming for your equity.
Californiaâs "2026 Billionaire Tax Act" is more than just a headline. Itâs a shift in how wealth is treated.
1ïžâŁ The Target: 5% one-time tax on net worth over $1B.
2ïžâŁ The Problem: It includes "illiquid assets" (Crypto & Private Equity).
3ïžâŁ The Impact: Forcing founders to liquidate positions to cover tax bills.
If the "builders" leave, the ecosystem dies. We are watching a real-time exodus of talent.
Is your state next? đ§