**CA Billionaire Tax Sparks Exodus Fears** California's proposed one-time 5% tax on billionaire assets is sparking significant debate and concerns over wealth exodus. The measure, backed by the SEIU-UHW, aims to fund healthcare and education, but is causing division among Democrats and prompting some tech titans, including Google co-founders Larry Page and Sergey Brin, to move assets out of state. According to [Politico](https://www.politico.com/news/2026/01/16/wealth-tax-push-california-politics-00732882) (Jan 16, 2026), the proposal has created an intraparty war. [The Las Vegas Sun](https://lasvegassun.com/news/2026/jan/13/proposed-billionaires-tax-in-california-rattles-si/) (Jan 13, 2026) reports Silicon Valley is rattled, with fears the tax will drive wealth away. [AOL.com](https://www.aol.com/articles/california-billionaires-feeling-taxed-proposal-113701859.html) (Jan 11, 2026) highlights billionaires feeling "taxed" by the new proposal. For more on California's evolving tax landscape:  (https://www.youtube.com/watch?v=5tw51sw74vY)  (https://www.youtube.com/watch?v=YyNBoPR4WL4) #CaliforniaTaxes #WealthTax #Business #TaxReform