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Posted on 01/07/2026 5:08:06 PM PST by NoLibZone
As the clock ticks on California’s billionaires facing a proposed wealth tax, some of America’s top business leaders are making strategic moves to leave the Golden State.
Google co-founder Larry Page appears to be distancing himself from California, as public filings reviewed by Fox News Digital from the California Secretary of State’s office show several business entities linked to Page were moved out of the state in December, ahead of the Jan. 1, 2026, residency date tied to the proposed tax. Those filings indicate his family office, Koop LLC, and his influenza research fund, Flu Lab LLC, no longer list California, while a flying-car venture, One Aero, now lists its primary address in Florida.
Oracle founder Larry Ellison has taken steps that signal a potential pullback from California, though details of a reported $45 million off-market sale of his San Francisco home have not been independently confirmed by major outlets. The New York Post reported the sale and said it would mark the city’s largest real estate transaction of 2025.
(Excerpt) Read more at foxbusiness.com ...
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Tax Code.
Until Dems support flat & or sales tax,it remains a way to simultaneously promise raising taxes while buying votes with programs & tax code breaks.
Every program initiated to win election is another burden on the Middle Class.
Oracle is a technology company. Google is an advertising company.
Is there a way to just blame Trump?
Billionaires need to move the hack outta Cali,
No billionaires they’ll move to millionaires and no millionaires they’ll move down the line ,LOL
Didn’t they install him in the first place?
MESSAGE TO FLEEING BILLIONAIRES:
Do not vote Democrat! Do not vote for the same stupidity that drove you out of California! Do not destroy the places to which you move!
I’d be willing to lease a space in my basement and address in a midwestern state to any billionaire needing a “presence” in a non Commiefornia state.
Cali, making millionaires out of billionaires.
IIRC-—THE TAX IS RETROACTIVE TO ASSETS OWNED IN CALIF ON 1-1-2026..
TODAY IS 1-7-2026...
ALREADY TOO LATE...
No billionaires? Simple-Just tax the millionaires. Problem solved.
Great one!!!!
NOTE to California, New York, Washington State, Oregon Billionaires please flee to Colorado. If you are conservative, Texas, Florida and most of the South is open for business.
That is spot on.
We have a lot of NYers who have moved here to NC because they can’t stand the environment they crated in NY.
So Google who helped China institute their surveillance program in 2013 is running away from the effects of this Democrat party inspired communist takeover?
Such taxes will fall on the middle class, and this is by design despite the rhetoric.
As the clock ticks on California’s billionaires facing a proposed wealth tax.
Becsuse the state can’t make ends meet on top marginal rate of 13.3%.
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