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Science and technology · India

Google co-founder Larry Page leaves California ahead of billionaire tax vote

Outlet: The Times of India · TOI TECH DESK · Published 22/10/2026 03:14 UTC

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As Californians gear up to cast their votes on Proposition 40, which suggests a one-time tax on billionaires, notable figures like Larry Page have relocated their businesses far from the state's reach to evade this tax burden. While the tax could potentially rake in $100 billion, the exodus of these wealthy individuals—who would collectively owe around $29 billion—poses a serious threat to California's expected income from this tax initiative.

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Source
https://timesofindia.indiatimes.com/technology/tech-news/google-co-founder-larry-page-is-the-richest-tech-titan-to-leave-california-ahead-of-billionaires-tax-vote-how-his-exit-may-dent-states-100-billion-tax-target/articleshow/135105758.cms
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22/10/2026 03:14 UTC
Captured
22/10/2026 03:39 UTC
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f98e4bedad3904cf · 451 words
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