California's 'billionaire tax' will be 'disastrous' and cause wealthy to flee, economist predicts An economic expert is warning that California's billionaire tax proposal could devastate the economy and lead to an exodus of high-income earners. Original Source: https://www.foxbusiness.com/media/californias-billionaire-tax-disastrous-cause-wealthy-flee-economist-predicts Previous article: SEC chairman warns of China-linked ramp-and-dump activity Prev Next article: US, Argentina strike sweeping trade deal cutting tariffs, opening markets to US exports Next