Technology

Billionaire Palmer Luckey isn’t leaving California over the wealth tax

Summary

Tech billionaire Palmer Luckey has announced that he will remain in his home state of California despite the introduction of a local wealth tax. While acknowledging that the financial policy is driving many other residents away, he intends to stay and actively oppose the measure.

"It's causing a lot of people to run who I don't want to be running," native Californian Palmer Luckey said. "But I'm planning on staying in California. I'm going to keep fighting it."

Source: Read the full story at TechCrunch

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