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{"id":11948,"date":"2025-12-29T09:38:21","date_gmt":"2025-12-29T09:38:21","guid":{"rendered":"https:\/\/hongkongbuybitcoin.com\/?p=11948"},"modified":"2025-12-29T09:38:21","modified_gmt":"2025-12-29T09:38:21","slug":"californias-billionaire-tax-proposal-draws-backlash-from-crypto-proponents","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=11948","title":{"rendered":"California\u2019s billionaire tax proposal draws backlash from crypto proponents"},"content":{"rendered":"

Critics are against the proposed 5% tax on California billionaires, arguing that it could drive wealthy residents out of the state and create more problems than solutions in the healthcare system. The tax would apply to various personal assets, including cryptocurrency, and could lead to double taxation and capital flight.<\/p>\n","protected":false},"author":1,"featured_media":8953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-11948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/11948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11948"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/11948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/8953"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}