🚨 California’s Billionaire Tax Proposal Draws Backlash from Crypto Proponents
A proposed billionaire tax in California has sparked pushback from crypto supporters who argue it could discourage innovation and investment in the digital asset sector. Critics say higher wealth taxes may impact founders and investors central to building and scaling crypto-related businesses.
The debate highlights ongoing tensions between tax policy and tech/crypto growth, with proponents urging more balanced approaches that support economic activity while addressing inequality.
