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Sanders Mocks Zuckerberg Over Billionaire Tax, But Gets the Facts Wrong

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California's proposed 5% billionaire tax, intended to fund healthcare for three million low-income residents, is driving wealthy individuals out of the state. Meta CEO Mark Zuckerberg and other tech billionaires are reportedly shifting their assets to Florida, which levies no state income tax. Google co-founders Larry Page and Sergey Brin have also reportedly severed financial ties with California. Senator Bernie Sanders publicly mocked Zuckerberg over the tax issue but was subsequently corrected on certain facts. The episode highlights growing tensions between progressive tax policy and the financial decisions of the ultra-wealthy.

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