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Silicon Valley legend Vinod Khosla has ‘no plans to leave California’ amid billionaire tax uproar—but he has another idea to fix the wealth loophole

Fortune Crypto|Nick Lichtenberg|
Silicon Valley legend Vinod Khosla has ‘no plans to leave California’ amid billionaire tax uproar—but he has another idea to fix the wealth loophole
Image via Fortune Crypto
🤖AI Summary

Silicon Valley investor Vinod Khosla states he has no plans to leave California despite the ongoing billionaire tax debate. He proposes eliminating taxes entirely for individuals earning less than $100,000 annually as an alternative solution to address wealth inequality concerns.

Key Takeaways
  • Vinod Khosla confirms he will remain in California amid billionaire exodus discussions.
  • He proposes eliminating all taxes for people earning under $100,000 per year.
  • The proposal represents an alternative approach to addressing wealth inequality and tax policy debates.
  • Khosla's stance contrasts with other wealthy individuals who have relocated from high-tax states.
Read Original →via Fortune Crypto
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