Bloomberg Technology

Arm CEO on Proposed California Wealth Tax: Not a Good Thing

Arm CEO Rene Haas warns a proposed wealth tax in California could drive top entrepreneurs out of Silicon Valley. “I don’t think it’s a good thing if it drives really smart people outside the valley,” Haas tells Bloomberg’s Tom Mackenzie. This interview was recorded on March 23 for “Bloomberg Tech: Europe.” ——– Like this video?…

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Arm CEO Rene Haas warns a proposed wealth tax in California could drive top entrepreneurs out of Silicon Valley. “I don’t think it’s a good thing if it drives really smart people outside the valley,” Haas tells Bloomberg’s Tom Mackenzie.
This interview was recorded on March 23 for “Bloomberg Tech: Europe.”
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7 Comments

  1. @oritabak4142

    April 18, 2026 at 1:32 am

    billionaire tax needs to be at the federal level, or the ultra rich will just set their residence to a more friendly state

  2. @jtcintl4373

    April 18, 2026 at 1:36 am

    Stop Government overspending and stop the corruption 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🙄🙄🙄🙄

  3. @drjones-sk6cq

    April 18, 2026 at 11:22 am

    Eat the rich

  4. @gregraygun

    April 18, 2026 at 3:50 pm

    214 billionaires out of roughly 40 million Californians is about 0.0005% of the population. So when people talk like this is some broad middle-class issue, that’s pretty hard to take seriously; it’s mostly about a tiny elite class. The law hits they can’t just move later either the way it’s written, make them pay. It does nothing this guys says, he’s full of 💩

  5. @eymentaha8

    April 19, 2026 at 1:50 am

    DEP22H is much better in every way 👀🚀

  6. @HAMZLAK

    April 19, 2026 at 1:50 am

    Welcome to the DEP22H community 🇿🇦💎

  7. @ns2036

    April 19, 2026 at 4:20 pm

    dont ask a barber if you need a haircut, nor a billionaire whether he wants to get taxed

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