Update
Palmer Luckey to Stay in California, Opposes Billionaire Wealth Tax
Billionaire entrepreneur Palmer Luckey has announced his decision to remain in California despite the proposed billionaire wealth tax. Luckey, the founder of Oculus and co-founder of Anduril, expressed his intent to contest Proposition 40, a measure that would impose a one-time tax on billionaires. The market for the passage of this wealth tax in the upcoming November election currently reflects a 23.5% likelihood of success, a slight decrease from 24% observed just a day prior. With the California election just days away, attention will focus on voter sentiment and any shifts in polling data.