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Benzinga
Benzinga
Business
Snigdha Gairola

Mark Cuban Warns California Wealth Tax Could Drive Billion-Dollar Startups Out of State: ‘Ideology Is Not a Strategy’

Los,Angeles,-,Jan,8:,Mark,Cuban,At,The,Special

Billionaire entrepreneur Mark Cuban warned Rep. Ro Khanna (D-Calif.) that a proposed 5% wealth tax on California billionaires could discourage investment and push high-value startups and their founders out of the state.

Khanna Backs Wealth Tax

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