Geri|Canadian billionaire Kevin O'Leary makes a prediction on California's Wealth tax

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Times of India·06.05.2026·🇮🇳India·General

Canadian billionaire Kevin O'Leary makes a prediction on California's Wealth tax

Times of India

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Kevin O'Leary has strongly criticized California's proposed wealth tax, deeming it 'un-American' and 'unconstitutional.' He predicts years of litigation due to the difficulty of valuing illiquid assets and argues the tax will accelerate the exodus of businesses and billionaires from the state.

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