Tech Billionaires Threaten To Flee California Over Proposed Vest Tax - The Onion
“If the legislature passes this measure, you can bet that countless entrepreneurs and venture capitalists are going to pack their bags and move their gilet collections to Texas,” said tax advisor Aaron Faucher, who confirmed that several of his clients, including Larry Page and Peter Thiel, had already begun transferring garment bags to states more friendly to billionaire wardrobes.
December 29, 2025