{"id":12299,"date":"2026-01-11T18:54:54","date_gmt":"2026-01-11T18:54:54","guid":{"rendered":"https:\/\/lemonde.express\/californian-billionaires-flee-potential-one-off-5-wealth-tax\/"},"modified":"2026-01-11T18:54:54","modified_gmt":"2026-01-11T18:54:54","slug":"californian-billionaires-flee-potential-one-off-5-wealth-tax","status":"publish","type":"post","link":"https:\/\/lemonde.express\/en\/californian-billionaires-flee-potential-one-off-5-wealth-tax\/","title":{"rendered":"Californian billionaires flee potential one-off 5% wealth tax"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"\">\n<figure class=\"article__media\"> <picture class=\"article__media\">  <\/picture> <noscript>  <\/noscript><figcaption class=\"article__legend\" aria-hidden=\"true\">Peter Thiel, cofounder of PayPal and Palantir Technologies, at the Bitcoin 2022 Conference at the Miami Beach Convention Center, in Miami, on April 7, 2022.  <span class=\"article__credit\" aria-hidden=\"true\">CHANDAN KHANNA \/ AFP<\/span>  <\/figcaption><\/figure>\n<p class=\"article__paragraph  \">The ballot initiative is still just a proposal: It has not yet received the 874,000 signatures required for it to be put to a vote by Californians in November, and the state&#8217;s Democratic governor, Gavin Newsom, does not support it. Nevertheless, the initiative has threatened to drive the Silicon Valley billionaires out of the state.<\/p>\n<p class=\"article__paragraph  \">Known as the &#8220;2026&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.lemonde.fr\/en\/economy\/article\/2026\/01\/11\/californian-billionaires-flee-potential-one-off-5-wealth-tax_6749306_19.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peter Thiel, cofounder of PayPal and Palantir Technologies, at the Bitcoin 2022 Conference at the Miami Beach Convention Center, in Miami, on&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[8,3446],"tags":[],"class_list":["post-12299","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/posts\/12299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/comments?post=12299"}],"version-history":[{"count":0,"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/posts\/12299\/revisions"}],"wp:attachment":[{"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/media?parent=12299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/categories?post=12299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonde.express\/en\/wp-json\/wp\/v2\/tags?post=12299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}