15 Hrs
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New York Post
Source: New York Post
15 HrsNew York Post
Source: New York Post
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Former Los Angeles mayoral candidate Rick Caruso said California’s proposed one-time 5% tax on billionaires prompted him to explore moving to Texas or Florida, but he chose to remain near his family. He warned that billionaire departures could also take businesses, jobs and philanthropy out of California. With voters opposing Proposition 40 and Proposition 42 poised to pass, Caruso said the outcome could encourage people to stay or move to the state.
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