I pay the millionaire's tax in Massachusetts. I've thought about moving my family away, but I'm staying for my kids.

Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax.

Sam Slater

• California's proposed wealth tax is sparking debate among billionaires across the state and the US.
• Sam Slater, a real estate developer, has paid the 4% millionaire's tax in Massachusetts since 2023.
• Though his lifestyle remains unaffected, Slater says he'd consider moving if taxes continue to rise.

This as-told-to essay is based on a conversation with Sam Slater...