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Like others in wealth management, Mikael Lemieux is used to talking about taxes and investing— he’s just sometimes doing it from inside a locker room.Lemieux works in JPMorgan’s Athlete Center of Excellence, which launched in March as an educational resource for athletes. Part of Lemieux’s remit includes educating athletes about…
California has a lot of billionaires, more than any other state and more than most countries. So a proposed wealth tax on its billionaires could be a windfall.Under the Billionaire Tax Act, California residents with a net worth of over $1 billion would face a one-time tax equal to 5%…
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