13 January 2026

A late-2025 amendment to California's wealth tax proposal treats founder control as ownership, a move that could end founder-controlled startups in the state (Mike Solana/Pirate Wires)

Mike Solana / Pirate Wires:
A late-2025 amendment to California's wealth tax proposal treats founder control as ownership, a move that could end founder-controlled startups in the state  —  it's not a tax on “wealth,” the union's ballot prop is designed to target the very concept of founder-controlled companies …

Posted from: this blog via Microsoft Power Automate.

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