Washington, D.C., February 1, 2026 — A New York Post Exclusive featured Nestpoint’s proprietary polling examining California voters’ views on a proposed wealth tax and the economic consequences many of those same voters acknowledge.

The Nestpoint poll revealed a striking dynamic: a majority of California voters expressed support for the wealth tax proposal while also recognizing it could lead to job losses.

“California voters are signaling something very clear,” said John Thomas, veteran political strategist and Co-Founder and Managing Director of Nestpoint. “They are far more concerned with cost of living and public services than with the financial well-being of billionaires or the warnings coming from political and economic elites.”

Thomas’ analysis in the feature focused on what happens after policies like this move from public sentiment to market reaction. In high-wealth, highly mobile states like California, tax proposals of this nature do not occur in a vacuum. Business owners, investors, and employers respond quickly to regulatory signals, often adjusting where capital is deployed, where companies are headquartered, and where jobs are created.

This behavior—commonly referred to as capital flight—can begin long before legislation is enacted, as markets react to the direction of policy rather than waiting for its implementation.

By pairing voter sentiment with economic response, the New York Post feature highlighted how policy preferences and economic outcomes can move in opposite directions once real-world incentives take hold.

The full article appeared as a New York Post Exclusive on February 1, 2026. You can read it here.

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About Nestpoint

Nestpoint, with a global footprint and a formidable presence in Washington, D.C., is a leading government affairs, finance, and private equity firm. As a strategic ally, Nestpoint transforms challenges into opportunities through its expertise in policy influence, global networks, and financial innovation, delivering customized solutions for sustained client success. Nestpoint advises multibillion-dollar companies in the manufacturing, energy, and technology sectors as well as foreign nations.