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Billionaire Rick Caruso nearly fled California over wealth tax

Billionaire
New York Post Fews App News Provider
Fews App Post Time Hace 5h

Former Los Angeles mayoral candidate and billionaire Rick Caruso revealed that California’s proposed billionaire tax nearly drove him out of the state. Caruso, one of the city’s most prominent developers and philanthropists, exclusively told the California Post that he enlisted lawyers and financial advisers to explore a Golden State exodus. “Given the financial impact, you have to at least think about that,” the LA native said.

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