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"This Is SOVIET UNION Socialism" - California's Wealth Tax OFFICIALLY Hits The Ballot
Posted
April 29, 2026
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10:09Now PlayingCalifornia’s new “billionaire tax” ballot measure slaps a one‑time 5% levy on residents worth $1B+, prompting Sergey Brin and other moguls to head for the exits as economists warn it will kill jobs, lose future tax revenue, and turn billionaires into political villains
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
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