
Nvidia CEO Jensen Huang has stated he is "perfectly fine" with a proposed one-time 5% California wealth tax that could cost him nearly $8 billion. The tax, aimed at funding healthcare and schools, would apply to billionaires residing in California with assets exceeding $1.1 billion. Huang, whose net worth is estimated at $155 billion, expressed his willingness to pay the tax as he chose to live in Silicon Valley.
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