Categories: Top Stories

Canadian billionaire Kevin O’Leary makes a prediction on California’s Wealth tax

Kevin O’Leary has strongly criticized California’s proposed wealth tax, deeming it ‘un-American’ and ‘unconstitutional.’ He predicts years of litigation due to the difficulty of valuing illiquid assets and argues the tax will accelerate the exodus of businesses and billionaires from the state.

The News Vista

Share
Published by
The News Vista

Recent Posts

ChatGPT MCP Requirements for WordPress: Plans, Connection Rules and Permissions

Check what you need before connecting ChatGPT to WordPress over MCP: the right plan, a…

29 minutes ago

Rupee relief, higher hedging costs: What RBI’s new forex rules mean

Reserve Bank of India has introduced new measures aimed at stabilizing the Indian rupee against…

40 minutes ago

Homebuyer paid Rs 39.15 lakh but got no flat; RERA rejects builder’s excuse orders interest payout

The homebuyer alleged that the builder had invoked the PMRDA-PMC jurisdiction dispute only after the…

41 minutes ago

Fuel tank cavities & Myanmar links: NCB busts 50 crores Yaba Haul, 2 Manipur residents arrested

The breakthrough comes as part of a wider, intensified crackdown on narcotics trafficking across the…

1 hour ago