{"id":10363,"date":"2026-01-08T02:38:28","date_gmt":"2026-01-08T02:38:28","guid":{"rendered":"https:\/\/microvibenews.com\/?p=10363"},"modified":"2026-01-08T02:38:28","modified_gmt":"2026-01-08T02:38:28","slug":"larry-page-loosens-business-ties-to-ca-amid-states-proposed-wealth-tax-report","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=10363","title":{"rendered":"Larry Page loosens business ties to CA amid state&#8217;s proposed wealth tax, report"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Larry Page is starting to move some business assets away from California, as organizers work to get a proposed tax on billionaires added to the 2026 ballot, <a href=\"https:\/\/www.businessinsider.com\/larry-page-leave-california-wealth-billionaire-tax-koop-google-2026-1\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">according to Business Insider.<\/a><\/p>\n<p class=\"wp-block-paragraph\">The Google co-founder has begun reincorporating several of his business entities in Delaware, including his family office, Koop; his influenza research company, Flu Lab; his aviation company, Dynatomics; and his flying car startup, One Aero. <\/p>\n<p class=\"wp-block-paragraph\">Page himself is reportedly no longer in the state, a source told Business Insider.\u00a0<\/p>\n<p>The news comes after the billionaire <a href=\"https:\/\/www.nytimes.com\/2025\/12\/26\/technology\/california-wealth-tax-page-thiel.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">reportedly told others<\/a> he was looking to leave the state amid the proposed tax, which would impose a 5% tax on those with assets worth $1 billion. Other names <a href=\"https:\/\/www.businessinsider.com\/business-leaders-react-to-california-wealth-tax-proposal-2025-12\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">who have spoken out <\/a>against the ballot initiative include David Sacks, Palmer Luckey, and Alexis Ohanian.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2026\/01\/07\/larry-page-loosens-business-ties-to-ca-amid-states-proposed-wealth-tax-report\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Larry Page is starting to move&hellip; <\/p>\n","protected":false},"author":1,"featured_media":10364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[249],"tags":[329,4022],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/10363"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10363"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/10363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/10364"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}