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A bill proposed in 2023 that resurfaced similar ideas to AB 2088, aiming to tax unrealized capital gains or net worth over set thresholds, but died in committee in January 2024.
California lawmakers have repeatedly proposed bills that include an “exit tax” or post-departure wealth assessments—most prominently bills labelled AB 2088 and AB 259 —but no statewide exit tax has be...
No court challenges to an actual, enacted “exit tax” or newly tightened residency rules have been reported in the sources provided because California has not enacted an exit tax; proposed measures and...