Los Angeles Billionaire Flees California for Nevada Amidst Proposed Wealth Tax
The proposed California Wealth Tax is prompting significant reactions, with one prominent Los Angeles billionaire, Don Hankey, recently purchasing a $21 million penthouse in Nevada. This move, a direct response to the proposed California Wealth Tax, highlights growing concerns among the state’s wealthiest individuals. Hankey, a lifelong California resident, is reacting to a tax targeting…