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Spielberg Moves to NYC as Zuckerberg Eyes Florida Amid Tax Debate

2/19/2026

Summary

Story summary

Steven Spielberg, the filmmaker, moved to New York City as Mark Zuckerberg, the Facebook co-founder, considers buying property in Florida amid California's proposed billionaire tax.
The proposal would impose a one-time 5% levy on California billionaires and faces opposition from Rep. Kevin Kiley, who says it could drive wealthy residents out.
Supporters, including Bernie Sanders, advocate the tax as a means to ensure billionaires contribute more to public services.

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Story summary

Steven Spielberg, the filmmaker, moved to New York City as Mark Zuckerberg, the Facebook co-founder, considers buying property in Florida amid California's proposed billionaire tax.
The proposal would impose a one-time 5% levy on California billionaires and faces opposition from Rep. Kevin Kiley, who says it could drive wealthy residents out.
Supporters, including Bernie Sanders, advocate the tax as a means to ensure billionaires contribute more to public services.