Ohio millionaire Emil Barr reveals why he suddenly shelved plans to move to San Francisco

A 23-year-old millionaire entrepreneur who was preparing to move to San Francisco has scrapped his plans over California’s proposed wealth tax. Emil Barr warned the state’s political climate could drive away young business founders and cost residents job opportunities. Barr, who immigrated to the US from Russia when he was just three, is the founder of Flashpass, a Columbus, Ohio-based company that helps laid-off workers develop new skills and find jobs faster. He had already signed a personal lease in San Francisco and planned to relocate first, settle into the city and potentially bring his business to California afterward. But Barr changed his mind after learning about Proposition 40, a proposed wealth tax targeting the state’s richest residents on this year’s Nov. 3 ballot, which he fears could eventually expand to millionaires like himself. “I just didn’t feel welcomed as an entrepreneur,” Barr told The California Post.

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