'MIND-BOGGLING': Real estate expert SOUNDS OFF on Cali billionaire tax

Altman Brothers Real Estate owner Josh Altman discusses the Los Angeles mayoral election, noting the city's desire for change and concerns surrounding a proposed California billionaires tax on 'Varney & Co.' 00:00 - Spencer Pratt and the LA Mayoral race 00:57 - Why LA homeowners and businesses are frustrated 01:43 - The proposed California Billionaire Tax 02:28 - Why billionaires are leaving California 03:01 - The ripple effect of wealth migration Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook:   / foxbusiness   Follow Fox Business on Twitter:   / foxbusiness   Follow Fox Business on Instagram:   / foxbusiness