Heard the latest billionaire buzz? Peter Thiel is ditching California for Miami, and he’s not alone. The reason: a proposed 5% wealth tax that could cost him over a billion bucks. The big move isn’t just about palm trees—other moguls are eyeing Florida too, hoping to dodge a hefty bill. If you’re wondering why your favorite tech mogul is suddenly into Cuban coffee, now you know! #Business #MoneyMoves #WealthTax