Nvidia CEO Jensen Huang has weighed in on California\u2019s proposed one-time billionaire tax, which would impose a 5% levy on residents with a net worth of at least $1 billion. With his fortune estimated at $184 billion, Huang could face an $8 billion tax bill over five years. But instead of objecting, he told CBS News he would view paying billions more in taxes as a \u201cprivilege\u201d and a \u201cresponsibility.\u201d Huang offered a candid take on his wealth, saying: \u201cThe fact that I can afford to pay $8 billion in taxes over five years is a privilege. Nothing would give me more joy than to pay even more taxes.\u201d He added humorously: \u201cI\u2019m not afraid of paying taxes \u2014 I\u2019m just afraid of being poor.\u201d<\/p>\n
Jensen Huang framing himself as \u2018the ultimate American dream\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"
Nvidia CEO Jensen Huang has weighed in on California\u2019s proposed one-time billionaire tax, which would impose a 5% levy on residents with a net worth of at least $1 billion. With his fortune estimated at $184 billion, Huang could face an $8 billion tax bill over five years. But instead of objecting, he told CBS News he would view paying billions more in taxes as a \u201cprivilege\u201d and a \u201cresponsibility.\u201d Huang offered a candid take on his wealth, saying: \u201cThe fact that I can afford to pay $8 billion in taxes over five years is a privilege. Nothing would give […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-1037723","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1037723"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037723\/revisions"}],"predecessor-version":[{"id":1037727,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037723\/revisions\/1037727"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1037723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1037723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1037723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}