California billionaires tax could slash yearly revenue by $4.5 billion

April 23, 2026

A proposed wealth tax on billionaires would not only drive California’s richest residents out of the state, but it could also result in a loss of up to $4.5 billion annually, according to a new report.

https://nypost.com/2026/04/23/us-news/california-billionaires-tax-could-slash-yearly-revenue-by-4-5-billion/

California billionaires tax could slash yearly revenue by $4.5 billion <body> <h1> Array ( [0] => xalifornia billionaires tax could slash yearly revenue by $4.5 billion [1] => valifornia billionaires tax could slash yearly revenue by $4.5 billion [2] => falifornia billionaires tax could slash yearly revenue by $4.5 billion [3] => dalifornia billionaires tax could slash yearly revenue by $4.5 billion [4] => dalifornia billionaires tax could slash yearly revenue by $4.5 billion [5] => czlifornia billionaires tax could slash yearly revenue by $4.5 billion [6] => cslifornia billionaires tax could slash yearly revenue by $4.5 billion [7] => cwlifornia billionaires tax could slash yearly revenue by $4.5 billion [8] => cqlifornia billionaires tax could slash yearly revenue by $4.5 billion [9] => cakifornia billionaires tax could slash yearly revenue by $4.5 billion [10] => capifornia billionaires tax could slash yearly revenue by $4.5 billion [11] => caoifornia billionaires tax could slash yearly revenue by $4.5 billion [12] => calufornia billionaires tax could slash yearly revenue by $4.5 billion [13] => caljfornia billionaires tax could slash yearly revenue by $4.5 billion [14] => calkfornia billionaires tax could slash yearly revenue by $4.5 billion [15] => calofornia billionaires tax could slash yearly revenue by $4.5 billion [16] => cal9fornia billionaires tax could slash yearly revenue by $4.5 billion [17] => cal8fornia billionaires tax could slash yearly revenue by $4.5 billion [18] => calidornia billionaires tax could slash yearly revenue by $4.5 billion [19] => calicornia billionaires tax could slash yearly revenue by $4.5 billion [20] => calivornia billionaires tax could slash yearly revenue by $4.5 billion [21] => caligornia billionaires tax could slash yearly revenue by $4.5 billion [22] => calitornia billionaires tax could slash yearly revenue by $4.5 billion [23] => calirornia billionaires tax could slash yearly revenue by $4.5 billion [24] => califirnia billionaires tax could slash yearly revenue by $4.5 billion [25] => califkrnia billionaires tax could slash yearly revenue by $4.5 billion [26] => califlrnia billionaires tax could slash yearly revenue by $4.5 billion [27] => califprnia billionaires tax could slash yearly revenue by $4.5 billion [28] => calif0rnia billionaires tax could slash yearly revenue by $4.5 billion [29] => calif9rnia billionaires tax could slash yearly revenue by $4.5 billion [30] => califoenia billionaires tax could slash yearly revenue by $4.5 billion [31] => califodnia billionaires tax could slash yearly revenue by $4.5 billion [32] => califofnia billionaires tax could slash yearly revenue by $4.5 billion [33] => califotnia billionaires tax could slash yearly revenue by $4.5 billion [34] => califo5nia billionaires tax could slash yearly revenue by $4.5 billion [35] => califo4nia billionaires tax could slash yearly revenue by $4.5 billion [36] => califorbia billionaires tax could slash yearly revenue by $4.5 billion [37] => califormia billionaires tax could slash yearly revenue by $4.5 billion [38] => califorjia billionaires tax could slash yearly revenue by $4.5 billion [39] => califorhia billionaires tax could slash yearly revenue by $4.5 billion [40] => califorhia billionaires tax could slash yearly revenue by $4.5 billion [41] => californua billionaires tax could slash yearly revenue by $4.5 billion [42] => californja billionaires tax could slash yearly revenue by $4.5 billion [43] => californka billionaires tax could slash yearly revenue by $4.5 billion [44] => californoa billionaires tax could slash yearly revenue by $4.5 billion [45] => californ9a billionaires tax could slash yearly revenue by $4.5 billion [46] => californ8a billionaires tax could slash yearly revenue by $4.5 billion [47] => californiz billionaires tax could slash yearly revenue by $4.5 billion [48] => californis billionaires tax could slash yearly revenue by $4.5 billion [49] => californiw billionaires tax could slash yearly revenue by $4.5 billion [50] => californiq billionaires tax could slash yearly revenue by $4.5 billion [51] => california villionaires tax could slash yearly revenue by $4.5 billion [52] => california nillionaires tax could slash yearly revenue by $4.5 billion [53] => california hillionaires tax could slash yearly revenue by $4.5 billion [54] => california gillionaires tax could slash yearly revenue by $4.5 billion [55] => california gillionaires tax could slash yearly revenue by $4.5 billion [56] => california bullionaires tax could slash yearly revenue by $4.5 billion [57] => california bjllionaires tax could slash yearly revenue by $4.5 billion [58] => california bkllionaires tax could slash yearly revenue by $4.5 billion [59] => california bollionaires tax could slash yearly revenue by $4.5 billion [60] => california b9llionaires tax could slash yearly revenue by $4.5 billion [61] => california b8llionaires tax could slash yearly revenue by $4.5 billion [62] => california biklionaires tax could slash yearly revenue by $4.5 billion [63] => california biplionaires tax could slash yearly revenue by $4.5 billion [64] => california biolionaires tax could slash yearly revenue by $4.5 billion [65] => california bilkionaires tax could slash yearly revenue by $4.5 billion [66] => california bilpionaires tax could slash yearly revenue by $4.5 billion [67] => california biloionaires tax could slash yearly revenue by $4.5 billion [68] => california billuonaires tax could slash yearly revenue by $4.5 billion [69] => california billjonaires tax could slash yearly revenue by $4.5 billion [70] => california billkonaires tax could slash yearly revenue by $4.5 billion [71] => california billoonaires tax could slash yearly revenue by $4.5 billion [72] => california bill9onaires tax could slash yearly revenue by $4.5 billion [73] => california bill8onaires tax could slash yearly revenue by $4.5 billion [74] => california billiinaires tax could slash yearly revenue by $4.5 billion [75] => california billiknaires tax could slash yearly revenue by $4.5 billion [76] => california billilnaires tax could slash yearly revenue by $4.5 billion [77] => california billipnaires tax could slash yearly revenue by $4.5 billion [78] => california billi0naires tax could slash yearly revenue by $4.5 billion [79] => california billi9naires tax could slash yearly revenue by $4.5 billion [80] => california billiobaires tax could slash yearly revenue by $4.5 billion [81] => california billiomaires tax could slash yearly revenue by $4.5 billion [82] => california billiojaires tax could slash yearly revenue by $4.5 billion [83] => california billiohaires tax could slash yearly revenue by $4.5 billion [84] => california billiohaires tax could slash yearly revenue by $4.5 billion [85] => california billionzires tax could slash yearly revenue by $4.5 billion [86] => california billionsires tax could slash yearly revenue by $4.5 billion [87] => california billionwires tax could slash yearly revenue by $4.5 billion [88] => california billionqires tax could slash yearly revenue by $4.5 billion [89] => california billionaures tax could slash yearly revenue by $4.5 billion [90] => california billionajres tax could slash yearly revenue by $4.5 billion [91] => california billionakres tax could slash yearly revenue by $4.5 billion [92] => california billionaores tax could slash yearly revenue by $4.5 billion [93] => california billiona9res tax could slash yearly revenue by $4.5 billion [94] => california billiona8res tax could slash yearly revenue by $4.5 billion [95] => california billionaiees tax could slash yearly revenue by $4.5 billion [96] => california billionaides tax could slash yearly revenue by $4.5 billion [97] => california billionaifes tax could slash yearly revenue by $4.5 billion [98] => california billionaites tax could slash yearly revenue by $4.5 billion [99] => california billionai5es tax could slash yearly revenue by $4.5 billion [100] => california billionai4es tax could slash yearly revenue by $4.5 billion [101] => california billionairws tax could slash yearly revenue by $4.5 billion [102] => california billionairss tax could slash yearly revenue by $4.5 billion [103] => california billionairds tax could slash yearly revenue by $4.5 billion [104] => california billionairrs tax could slash yearly revenue by $4.5 billion [105] => california billionair4s tax could slash yearly revenue by $4.5 billion [106] => california billionair3s tax could slash yearly revenue by $4.5 billion [107] => california billionairea tax could slash yearly revenue by $4.5 billion [108] => california billionairez tax could slash yearly revenue by $4.5 billion [109] => california billionairex tax could slash yearly revenue by $4.5 billion [110] => california billionaired tax could slash yearly revenue by $4.5 billion [111] => california billionairee tax could slash yearly revenue by $4.5 billion [112] => california billionairew tax could slash yearly revenue by $4.5 billion [113] => california billionaires rax could slash yearly revenue by $4.5 billion [114] => california billionaires fax could slash yearly revenue by $4.5 billion [115] => california billionaires gax could slash yearly revenue by $4.5 billion [116] => california billionaires yax could slash yearly revenue by $4.5 billion [117] => california billionaires 6ax could slash yearly revenue by $4.5 billion [118] => california billionaires 5ax could slash yearly revenue by $4.5 billion [119] => california billionaires tzx could slash yearly revenue by $4.5 billion [120] => california billionaires tsx could slash yearly revenue by $4.5 billion [121] => california billionaires twx could slash yearly revenue by $4.5 billion [122] => california billionaires tqx could slash yearly revenue by $4.5 billion [123] => california billionaires taz could slash yearly revenue by $4.5 billion [124] => california billionaires tac could slash yearly revenue by $4.5 billion [125] => california billionaires tad could slash yearly revenue by $4.5 billion [126] => california billionaires tas could slash yearly revenue by $4.5 billion [127] => california billionaires tax xould slash yearly revenue by $4.5 billion [128] => california billionaires tax vould slash yearly revenue by $4.5 billion [129] => california billionaires tax fould slash yearly revenue by $4.5 billion [130] => california billionaires tax dould slash yearly revenue by $4.5 billion [131] => california billionaires tax dould slash yearly revenue by $4.5 billion [132] => california billionaires tax ciuld slash yearly revenue by $4.5 billion [133] => california billionaires tax ckuld slash yearly revenue by $4.5 billion [134] => california billionaires tax cluld slash yearly revenue by $4.5 billion [135] => california billionaires tax cpuld slash yearly revenue by $4.5 billion [136] => california billionaires tax c0uld slash yearly revenue by $4.5 billion [137] => california billionaires tax c9uld slash yearly revenue by $4.5 billion [138] => california billionaires tax coyld slash yearly revenue by $4.5 billion [139] => california billionaires tax cohld slash yearly revenue by $4.5 billion [140] => california billionaires tax cojld slash yearly revenue by $4.5 billion [141] => california billionaires tax coild slash yearly revenue by $4.5 billion [142] => california billionaires tax co8ld slash yearly revenue by $4.5 billion [143] => california billionaires tax co7ld slash yearly revenue by $4.5 billion [144] => california billionaires tax coukd slash yearly revenue by $4.5 billion [145] => california billionaires tax coupd slash yearly revenue by $4.5 billion [146] => california billionaires tax couod slash yearly revenue by $4.5 billion [147] => california billionaires tax couls slash yearly revenue by $4.5 billion [148] => california billionaires tax coulx slash yearly revenue by $4.5 billion [149] => california billionaires tax coulc slash yearly revenue by $4.5 billion [150] => california billionaires tax coulf slash yearly revenue by $4.5 billion [151] => california billionaires tax coulr slash yearly revenue by $4.5 billion [152] => california billionaires tax coule slash yearly revenue by $4.5 billion [153] => california billionaires tax could alash yearly revenue by $4.5 billion [154] => california billionaires tax could zlash yearly revenue by $4.5 billion [155] => california billionaires tax could xlash yearly revenue by $4.5 billion [156] => california billionaires tax could dlash yearly revenue by $4.5 billion [157] => california billionaires tax could elash yearly revenue by $4.5 billion [158] => california billionaires tax could wlash yearly revenue by $4.5 billion [159] => california billionaires tax could skash yearly revenue by $4.5 billion [160] => california billionaires tax could spash yearly revenue by $4.5 billion [161] => california billionaires tax could soash yearly revenue by $4.5 billion [162] => california billionaires tax could slzsh yearly revenue by $4.5 billion [163] => california billionaires tax could slssh yearly revenue by $4.5 billion [164] => california billionaires tax could slwsh yearly revenue by $4.5 billion [165] => california billionaires tax could slqsh yearly revenue by $4.5 billion [166] => california billionaires tax could slaah yearly revenue by $4.5 billion [167] => california billionaires tax could slazh yearly revenue by $4.5 billion [168] => california billionaires tax could slaxh yearly revenue by $4.5 billion [169] => california billionaires tax could sladh yearly revenue by $4.5 billion [170] => california billionaires tax could slaeh yearly revenue by $4.5 billion [171] => california billionaires tax could slawh yearly revenue by $4.5 billion [172] => california billionaires tax could slasg yearly revenue by $4.5 billion [173] => california billionaires tax could slasb yearly revenue by $4.5 billion [174] => california billionaires tax could slasn yearly revenue by $4.5 billion [175] => california billionaires tax could slasj yearly revenue by $4.5 billion [176] => california billionaires tax could slasu yearly revenue by $4.5 billion [177] => california billionaires tax could slasy yearly revenue by $4.5 billion [178] => california billionaires tax could slash tearly revenue by $4.5 billion [179] => california billionaires tax could slash gearly revenue by $4.5 billion [180] => california billionaires tax could slash hearly revenue by $4.5 billion [181] => california billionaires tax could slash uearly revenue by $4.5 billion [182] => california billionaires tax could slash 7early revenue by $4.5 billion [183] => california billionaires tax could slash 6early revenue by $4.5 billion [184] => california billionaires tax could slash ywarly revenue by $4.5 billion [185] => california billionaires tax could slash ysarly revenue by $4.5 billion [186] => california billionaires tax could slash ydarly revenue by $4.5 billion [187] => california billionaires tax could slash yrarly revenue by $4.5 billion [188] => california billionaires tax could slash y4arly revenue by $4.5 billion [189] => california billionaires tax could slash y3arly revenue by $4.5 billion [190] => california billionaires tax could slash yezrly revenue by $4.5 billion [191] => california billionaires tax could slash yesrly revenue by $4.5 billion [192] => california billionaires tax could slash yewrly revenue by $4.5 billion [193] => california billionaires tax could slash yeqrly revenue by $4.5 billion [194] => california billionaires tax could slash yeaely revenue by $4.5 billion [195] => california billionaires tax could slash yeadly revenue by $4.5 billion [196] => california billionaires tax could slash yeafly revenue by $4.5 billion [197] => california billionaires tax could slash yeatly revenue by $4.5 billion [198] => california billionaires tax could slash yea5ly revenue by $4.5 billion [199] => california billionaires tax could slash yea4ly revenue by $4.5 billion [200] => california billionaires tax could slash yearky revenue by $4.5 billion [201] => california billionaires tax could slash yearpy revenue by $4.5 billion [202] => california billionaires tax could slash yearoy revenue by $4.5 billion [203] => california billionaires tax could slash yearlt revenue by $4.5 billion [204] => california billionaires tax could slash yearlg revenue by $4.5 billion [205] => california billionaires tax could slash yearlh revenue by $4.5 billion [206] => california billionaires tax could slash yearlu revenue by $4.5 billion [207] => california billionaires tax could slash yearl7 revenue by $4.5 billion [208] => california billionaires tax could slash yearl6 revenue by $4.5 billion [209] => california billionaires tax could slash yearly eevenue by $4.5 billion [210] => california billionaires tax could slash yearly devenue by $4.5 billion [211] => california billionaires tax could slash yearly fevenue by $4.5 billion [212] => california billionaires tax could slash yearly tevenue by $4.5 billion [213] => california billionaires tax could slash yearly 5evenue by $4.5 billion [214] => california billionaires tax could slash yearly 4evenue by $4.5 billion [215] => california billionaires tax could slash yearly rwvenue by $4.5 billion [216] => california billionaires tax could slash yearly rsvenue by $4.5 billion [217] => california billionaires tax could slash yearly rdvenue by $4.5 billion [218] => california billionaires tax could slash yearly rrvenue by $4.5 billion [219] => california billionaires tax could slash yearly r4venue by $4.5 billion [220] => california billionaires tax could slash yearly r3venue by $4.5 billion [221] => california billionaires tax could slash yearly recenue by $4.5 billion [222] => california billionaires tax could slash yearly rebenue by $4.5 billion [223] => california billionaires tax could slash yearly regenue by $4.5 billion [224] => california billionaires tax could slash yearly refenue by $4.5 billion [225] => california billionaires tax could slash yearly refenue by $4.5 billion [226] => california billionaires tax could slash yearly revwnue by $4.5 billion [227] => california billionaires tax could slash yearly revsnue by $4.5 billion [228] => california billionaires tax could slash yearly revdnue by $4.5 billion [229] => california billionaires tax could slash yearly revrnue by $4.5 billion [230] => california billionaires tax could slash yearly rev4nue by $4.5 billion [231] => california billionaires tax could slash yearly rev3nue by $4.5 billion [232] => california billionaires tax could slash yearly revebue by $4.5 billion [233] => california billionaires tax could slash yearly revemue by $4.5 billion [234] => california billionaires tax could slash yearly revejue by $4.5 billion [235] => california billionaires tax could slash yearly revehue by $4.5 billion [236] => california billionaires tax could slash yearly revehue by $4.5 billion [237] => california billionaires tax could slash yearly revenye by $4.5 billion [238] => california billionaires tax could slash yearly revenhe by $4.5 billion [239] => california billionaires tax could slash yearly revenje by $4.5 billion [240] => california billionaires tax could slash yearly revenie by $4.5 billion [241] => california billionaires tax could slash yearly reven8e by $4.5 billion [242] => california billionaires tax could slash yearly reven7e by $4.5 billion [243] => california billionaires tax could slash yearly revenuw by $4.5 billion [244] => california billionaires tax could slash yearly revenus by $4.5 billion [245] => california billionaires tax could slash yearly revenud by $4.5 billion [246] => california billionaires tax could slash yearly revenur by $4.5 billion [247] => california billionaires tax could slash yearly revenu4 by $4.5 billion [248] => california billionaires tax could slash yearly revenu3 by $4.5 billion [249] => california billionaires tax could slash yearly revenue vy $4.5 billion [250] => california billionaires tax could slash yearly revenue ny $4.5 billion [251] => california billionaires tax could slash yearly revenue hy $4.5 billion [252] => california billionaires tax could slash yearly revenue gy $4.5 billion [253] => california billionaires tax could slash yearly revenue gy $4.5 billion [254] => california billionaires tax could slash yearly revenue bt $4.5 billion [255] => california billionaires tax could slash yearly revenue bg $4.5 billion [256] => california billionaires tax could slash yearly revenue bh $4.5 billion [257] => california billionaires tax could slash yearly revenue bu $4.5 billion [258] => california billionaires tax could slash yearly revenue b7 $4.5 billion [259] => california billionaires tax could slash yearly revenue b6 $4.5 billion [260] => california billionaires tax could slash yearly revenue by $3.5 billion [261] => california billionaires tax could slash yearly revenue by $e.5 billion [262] => california billionaires tax could slash yearly revenue by $r.5 billion [263] => california billionaires tax could slash yearly revenue by $5.5 billion [264] => california billionaires tax could slash yearly revenue by $4,5 billion [265] => california billionaires tax could slash yearly revenue by $4l5 billion [266] => california billionaires tax could slash yearly revenue by $4;5 billion [267] => california billionaires tax could slash yearly revenue by $4/5 billion [268] => california billionaires tax could slash yearly revenue by $4.4 billion [269] => california billionaires tax could slash yearly revenue by $4.r billion [270] => california billionaires tax could slash yearly revenue by $4.t billion [271] => california billionaires tax could slash yearly revenue by $4.6 billion [272] => california billionaires tax could slash yearly revenue by $4.5 villion [273] => california billionaires tax could slash yearly revenue by $4.5 nillion [274] => california billionaires tax could slash yearly revenue by $4.5 hillion [275] => california billionaires tax could slash yearly revenue by $4.5 gillion [276] => california billionaires tax could slash yearly revenue by $4.5 gillion [277] => california billionaires tax could slash yearly revenue by $4.5 bullion [278] => california billionaires tax could slash yearly revenue by $4.5 bjllion [279] => california billionaires tax could slash yearly revenue by $4.5 bkllion [280] => california billionaires tax could slash yearly revenue by $4.5 bollion [281] => california billionaires tax could slash yearly revenue by $4.5 b9llion [282] => california billionaires tax could slash yearly revenue by $4.5 b8llion [283] => california billionaires tax could slash yearly revenue by $4.5 biklion [284] => california billionaires tax could slash yearly revenue by $4.5 biplion [285] => california billionaires tax could slash yearly revenue by $4.5 biolion [286] => california billionaires tax could slash yearly revenue by $4.5 bilkion [287] => california billionaires tax could slash yearly revenue by $4.5 bilpion [288] => california billionaires tax could slash yearly revenue by $4.5 biloion [289] => california billionaires tax could slash yearly revenue by $4.5 billuon [290] => california billionaires tax could slash yearly revenue by $4.5 billjon [291] => california billionaires tax could slash yearly revenue by $4.5 billkon [292] => california billionaires tax could slash yearly revenue by $4.5 billoon [293] => california billionaires tax could slash yearly revenue by $4.5 bill9on [294] => california billionaires tax could slash yearly revenue by $4.5 bill8on [295] => california billionaires tax could slash yearly revenue by $4.5 billiin [296] => california billionaires tax could slash yearly revenue by $4.5 billikn [297] => california billionaires tax could slash yearly revenue by $4.5 billiln [298] => california billionaires tax could slash yearly revenue by $4.5 billipn [299] => california billionaires tax could slash yearly revenue by $4.5 billi0n [300] => california billionaires tax could slash yearly revenue by $4.5 billi9n [301] => california billionaires tax could slash yearly revenue by $4.5 billiob [302] => california billionaires tax could slash yearly revenue by $4.5 billiom [303] => california billionaires tax could slash yearly revenue by $4.5 billioj [304] => california billionaires tax could slash yearly revenue by $4.5 billioh [305] => california billionaires tax could slash yearly revenue by $4.5 billioh ) </h1> </body>