Bill Ackman warns California is 'on a path to self-destruction' as Larry Page, Peter Thiel weigh exiting state over proposed billionaire wealth tax

On Friday, hedge fund billionaire Bill Ackman sounded the alarm over California's economic future as reports suggest some of the state's wealthiest residents are considering leaving amid a proposed tax targeting billionaires. Ackman Slams California Leadership And Tax Policy The Pershing Square Capital Management CEO criticized California's political leadership, arguing that aggressive tax policies are pushing out entrepreneurs who drive jobs...