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Arm CEO on Proposed California Wealth Tax: Not a Good Thing

ARM
Tax & TariffsFiscal Policy & BudgetRegulation & LegislationTechnology & InnovationPrivate Markets & Venture

Arm CEO Rene Haas warned that a proposed wealth tax in California could push top entrepreneurs out of Silicon Valley. He said it would be a bad outcome if the policy drives "really smart people" away from the valley. The article is commentary on state tax policy rather than a direct company or earnings update.

Analysis

Arm CEO Rene Haas warned that a proposed wealth tax in California could push top entrepreneurs out of Silicon Valley. He said it would be a bad outcome if the policy drives "really smart people" away from the valley. The article is commentary on state tax policy rather than a direct company or earnings update.

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