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Jensen Huang, CEO of Nvidia, made the comments at a Stanford talk in April.
Jensen Huang publicly reaffirmed his commitment to living in California despite high taxes.
KEY POINTS
- Huang indicated he would remain in California even if a proposed billionaire tax passes.
- The new 5% billionaire tax, if enacted, would apply to residents as of January 1.
- Huang's approximate tax payment under the proposal would be $8 billion, leaving him over $140 billion.
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