California's Billionaire Tax Threatens Crypto Innovation 🚨

A proposed wealth tax in California is sparking outrage within the crypto community, with fears it could stifle investment and growth. Critics argue higher asset taxes will disproportionately impact founders and investors – the very people building the future of web3. 💡 This highlights the delicate balance between taxation and fostering technological advancement. A more nuanced approach is needed to support economic activity while addressing wealth inequality. ⚖️ $XRP $BTC $ETH

#CryptoTax #Innovation #WealthTax #California 🚀

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