Silicon Valley’s wealthiest residents are once again threatening to leave California, this time over a proposed state wealth tax that tech founders warn could fundamentally reshape where innovation — and capital — call home.The proposal, backed by the Service Employees International Union–United Healthcare Workers West, would impose a one-time 5% tax on the assets of California residents worth more than $1 billion. Supporters say the revenue could help offset federal funding cuts for healthcare.CONSERVATIVE STATES SEE LOWER INFLATION THAN LIBERAL ONES NATIONWIDE, WHITE HOUSE DATA SHOWSEven as...

3 hours ago

On HALO