Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial measure could trigger an exodus from the state. Read more
Fox Business - Dec 28
"One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life." Read more
Fortune - Dec 28
Venture capitalist Chamath Palihapitiya is raising alarms over a proposed California wealth tax, saying it could unintentionally force young startup founders into financial ruin.Palihapitiya Highlights Risk To Startup Founders' Cash FlowOn Saturday, Palihapitiya criticized the tax while sharing a... Read more
Benzinga - Dec 28
The proposal calls for California residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets. Read more
Fortune - Dec 27
Rumor has it that some of the tech world's biggest names - including venture capitalist Peter Thiel and Google co-founder Larry Page - are among those considering fleeing their California mansions. Read more
Mail Online - Dec 27
“California is on a path to self-destruction,” wrote Bill Ackman, joining opposition to a tax proposal alongside Google’s cofounder and more. Read more
Forbes - Dec 27
Kevin Simpson, Capital Wealth Planning, joins 'Closing Bell' to talk AI tailwinds, his bull case for gold, and the diverging tech picture and more. Read more
Cnbc - Dec 23.jpeg?auto=webp&crop=3%3A2&width=1200)
There are 10 behaviours that investors need to guard against when they are making investment plans for next year, according to Richard Watkins, certified financial planner with Continuum, a financial advice firm. Read more
The Scotsman - Dec 22
IBV is a bit like the Harry Potter bank for witches and wizards — you’ll never trick your way in to the stash of gold, bitcoin and artworks buried below Park Lane Read more
The Times - Dec 21
Former Sen. Mitt Romney (R-Utah) on Friday said in a New York Times op-ed that “it’s time for rich people like me to pay more” in taxes to ahead of the Social Security benefits cut projected for 2034. Romney wrote that political ads in 2012, when he ran for president against incumbent Barack Obam... Read more
The Hill - Dec 19
