Billionaires relocate to tax-friendly states to avoid tax hikes

Name: Billionaires relocate to tax-friendly states to avoid tax hikes
Uploaded: 2026-03-16T13:26:34Z
Duration: 30 s
Description: Connor Hansen reports on prominent business leaders, like Uber co-founder Travis Kalanick, moving to states like Texas, which have no income tax, to avoid tax hikes in their home states. He also discusses California's proposed 5% tax on billionaires and notes that even Governor Gavin Newsom opposes the measure.

Mornings With Maria · FBN · Mar 16, 2026 · 30s

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Connor Hansen reports on prominent business leaders, like Uber co-founder Travis Kalanick, moving to states like Texas, which have no income tax, to avoid tax hikes in their home states. He also discusses California's proposed 5% tax on billionaires and notes that even Governor Gavin Newsom opposes the measure.