Wednesday on CNBC’s “Squawk Box,” President Donald Trump’s AI and crypto czar David Sacks criticized California’s proposed wealth tax on billionaires.
Co-host Aaron Sorkin said, “But what if things happen in California? Wealth tax. Are you are you were you in Texas now? Officially. What’s going on here? What do you think’s gonna happen?
Sacks said, “Well, look, let me just say I’ve been in California for 30 years it was painful to to leave. I had no problem paying the one of the highest, taxes in the in the country. I think it’s 13.3%. But this is different. This is this is not a tax. This is an asset seizure. This is saying that we’re going…
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