Let's see what happened in Norway: "
Norway's Wealth Tax Unchains a Capital Exodus." - "
Norway's wealth tax increase, expected to raise $146M, led to a $448M net loss as $54B in wealth left the country, reducing tax revenue by $594M."
I continue to be amazed to think that Gavin Newsom is considered a serious candidate for the Presidency. Everything - everything! - in California is a train wreck.
Except for the train. Because it hasn't been built.
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