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Billionaires are fleeing California for Nevada — and not for the nightlife

California
Business Insider Fews App News Provider
Fews App Post Time ha 10h

Nevada is receiving an influx of wealth due to Californians fleeing the state. Michael H/Getty ImagesBillionaires are planting roots in Nevada amid fears of a California wealth tax. Nevada, with its generous tax advantages, is welcoming the ultrawealthy with open arms.

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