David Kassir, Managing Director of Private Wealth Management at Manna Wealth Management, an SEC-registered fiduciary, was quoted in Mansion Global in the article ‘The Ripple Effect of California’s Proposed Billionaire Tax.’ The article examines whether California’s proposed one-time 5% tax on billionaires could ripple through the state’s luxury real estate market, as some wealthy homeowners weigh relocating or selling. On that question, David said: ‘Do people leave California over taxes? Some do. But moving is expensive and disruptive, and most of my clients with deep roots don’t uproot their lives over a proposal.’ Read the full article on Mansion Global: https://www.mansionglobal.com/articles/the-ripple-effect-of-californias-proposed-billionaire-tax-c78d19fb
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