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Coinbase CEO Considers Joining California Exodus Over "Deeply Un-American" Wealth Tax Proposal

Coinbase CEO Considers Joining California Exodus Over "Deeply Un-American" Wealth Tax Proposal Coinbase CEO Brian Armstrong could be the next Silicon Valley billionaire to flee California over a union-backed, draconian wealth tax scheme that critics slam as a radical wealth grab. “I think it’s deeply un-American to seize people’s assets. It might be unconstitutional,” Armstrong, who has an estimated net worth of $8.8 billion, said of the proposal during an interview on the “The Katie Miller Podcast.” “It’s against my values, I would say. I think it’s bad for the state and...
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Jul 8, 2026 / Tyler Durden
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Jun 16, 2026 / Tyler Durden
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Apr 3, 2026 / Tyler Durden
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