Tech titans leave California after new wealth tax proposal

There are a lot of billionaires in California with their hair on fire right now calling this the end of California because of this tax, which let's let's break down the facts. So, this is a tax that would be a one-time tax of 5% on the total wealth of any billionaire in California. Now, this has not gotten on the ballot yet.So, number one, you have to get the signatures to get on the ballot. Number two, it has to get a majority of the voters in November to pass on that ballot. And three, and this is the mos ...