California's Billionaires Tax: How Businesses Are Leaving California episode artwork

EPISODE · Jan 18, 2026 · 8 MIN

California's Billionaires Tax: How Businesses Are Leaving California

from #LegalBytes: The Official Podcast of Cummings & Cummings Law · host Cummings & Cummings Law

Today, I'm diving into the latest drama unfolding in Sacramento, based on a ZeroHedge report from just days ago. Governor Gavin Newsom is scrambling to keep billionaires—and their companies—in California by vowing to kill a proposed wealth tax that's already sparking a mass exodus. But for many, it's too late; the moving vans are rolling toward Florida and Texas as businesses are leaving California. Learn more: https://www.cummings.law/redomestication/

Episode metadata supplied by the publisher feed · Published Jan 18, 2026

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California's Billionaires Tax: How Businesses Are Leaving California

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