The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax

October 16, 2026 · 1:00 pm 1 sources

Image: The Guardian

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• The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax
  The Guardian · October 16, 2026 13:00
  Tech billionaires have raised more than $340m to defeat Prop 40, a one-time 5% wealth tax that will fund healthcare and education Tech billionaires have been dumping hundreds of millions of dollars into the fight against a wealth tax in California. They’ve raised more than $340m, and the campaign…