# The Billionaire Tax Battle: CA vs. MO (And How to Pay Less)

Page: https://stenobird.com/podcast/invest-like-a-billionaire-4346750/the-billionaire-tax-battle-ca-vs-mo-and-how-to-pay-less
Text version: https://stenobird.com/podcast/invest-like-a-billionaire-4346750/the-billionaire-tax-battle-ca-vs-mo-and-how-to-pay-less.md
Podcast: [Invest Like a Billionaire](https://stenobird.com/podcast/invest-like-a-billionaire-4346750)
Published: 2026-02-03T12:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/invest-like-a-billionaire/episodes/The-Billionaire-Tax-Battle-CA-vs--MO-And-How-to-Pay-Less-e3eibjr
Audio file: https://anchor.fm/s/4e9bae1c/podcast/play/114945083/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-1-3%2F417356348-44100-2-13bbdceb432bd.mp3
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JSON: https://stenobird.com/v1/public/podcasts/invest-like-a-billionaire-4346750/episodes/the-billionaire-tax-battle-ca-vs-mo-and-how-to-pay-less
Duration seconds: 1800

## Resource

California is pushing a wealth tax. Missouri just eliminated capital gains tax. What does that mean for investors?In this episode, Ellis Hammond sits down with Bob and Ben Fraser to break down the billionaire tax battle between CA vs. MO—and how high-net-worth investors adapt. Learn how the wealthy use LLCs, balance-sheet thinking, and smart tax strategy to legally protect and grow their wealth.If you want to pay less in taxes and keep more of your returns, this episode is for you. Don’t miss the 2026 Macro Economic Outlook—announced in the outro of this episode! Sign up here: ⁠https://aspenfunds.us/2026-macro-economic-outlook/⁠ Have more questions, or want more resources like a tax calculator? Go to ⁠https://investlikeabillionaire.org/⁠ to learn more about our community. Check out Ben & Bob’s company and invest along at ⁠https://aspenfunds.us/

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## Transcript

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