As voter support for California’s proposed “billionaire tax” plummets below 50%, top luxury real estate titan Aaron Kirman is sounding the alarm, warning that the mere threat of Proposition 40 is freezing high-end transactions and driving California’s top job creators to the exit doors.
“We think this proposal is disastrous for California. It’s disastrous for the real estate market, and buyers and sellers have had enough of California taxation,” Kirman — the CEO and founder of Christie’s International Real Estate Southern California who has more than $26 billion in sales under his belt — told Fox News Digital.
“Being California is one of the highest-tax states, I think buyers and...
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