🚀 Grow California: A Game-Changing Initiative!
Chris Larsen, founder of Ripple, and Tim Draper, the veteran investor, launched Grow California, a political initiative worth $40 million aimed at electing moderate representatives.
Their goal? To combat the proposed 5% wealth tax on billionaires, which includes net worth above $1 billion and even unrealized gains. 💰
📌 Why does this matter?
The tax will affect top investors in Silicon Valley.
The initiative comes amid tightening regulations on cryptocurrencies in California.
Various tax challenges are emerging globally, making this discussion global, not just local. 🌍
💡 Grow California is not just a campaign; it is a voice for balance and moderation in tax and economic policies.
The message is clear: change is possible when resources and expertise unite.
🔥 Key Points:
$40 million to support moderate representatives
Confronting the new wealth tax
Direct impact on the tech and cryptocurrency sectors
📣 Share your opinion: Do you think such initiatives can make a difference in tax policies? 💬
Or hit ❤️ if you like the idea!

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