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Billionaires Flee California for Florida's Tax Haven

Published 2 weeks, 5 days ago
Description

Tech titans like Mark Zuckerberg, Larry Page, and Sergey Brin are fleeing California for Florida, snapping up luxury homes in Miami and Palm Beach, as a proposed wealth tax threatens their fortunes. Companies like Palantir and Wells Fargo are following suit, boosting Floridas economy and real estate market. Governor Gavin Newsom opposes the tax, but the measures fate remains uncertain as the migration continues.

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