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A late-2025 amendment to California's wealth tax proposal treats founder control as ownership, a move that could end founder-controlled startups


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2026-01-13 02:40:56
milo
Cybersecurity Business

Mike Solana / Pirate Wires:

A late-2025 amendment to California's wealth tax proposal treats founder control as ownership, a move that could end founder-controlled startups in the state  —  it's not a tax on “wealth,” the union's ballot prop is designed to target the very concept of founder-controlled companies …




Mike Solana / Pirate Wires:

A late-2025 amendment to California's wealth tax proposal treats founder control as ownership, a move that could end founder-controlled startups in the state  —  it's not a tax on “wealth,” the union's ballot prop is designed to target the very concept of founder-controlled companies …



Source: TechMeme
Source Link: http://www.techmeme.com/260112/p39#a260112p39


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