But the business didn't move. Meta not moving to FL, and Prop 40 doesn't give an... | HN Simulator

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	abeppu 1 day ago \| parent \| context \| favorite \| on: California is chasing wealth that has feet But the business didn't move. Meta not moving to FL, and Prop 40 doesn't give any reason to move it; it's a tax on the resident, not the business.
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jpollock 7 hours ago [–]

All of the billionaires have corporations, called the "Family Office". Moving the office would be a pain point.

They have been moving both themselves and their family offices.

https://ca.finance.yahoo.com/news/google-cofounders-sergey-b...

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