US EditionBillionaire Tom Steyer wants to take on the rich in run for California governor
Steyer says he will tax wealthy people and corporations while spending heavily on ads, drawing criticism that his campaign could buy influence.
- Billionaire Tom Steyer is a leading contender in California's gubernatorial race, campaigning on taxing the wealthy and fighting climate change ahead of the June 2 jungle primary.
- Steyer amassed his $2.4 billion fortune at Farallon Capital Management, yet now advocates taxing other billionaires. Critics, including former U.S. Rep. Katie Porter, challenged his fossil fuel investments during Tuesday's debate.
- Progressive groups like Our Revolution back Steyer as 'one of the good ones,' while The California Chamber of Commerce warns his policies will drive investment out of California and worsen affordability.
- Democratic rivals accuse Steyer of trying to buy the election, noting he spends nearly 30 times his nearest opponent's ad budget. Steyer counters that such spending proves his commitment.
- Beyond state issues, Steyer alleges the Trump administration threatens American democratic rights. Voters will determine the final two candidates in the June 2 jungle primary.
36 Articles
36 Articles
Tom Steyer, a billionaire who ran for president in 2020, now has his eye on Sacramento. In his campaign for governor, Steyer is spending a considerable part of his own money to make sure that absolutely everyone in California knows that he competes for the governorship, through an intense publicity offensive. The most recent record of the California Secretary of State shows that Steyer has spent more than $100 million on the campaign, far above …
Telemundo Area de la Bahía 48
Tom Steyer, a billionaire who ran for president in 2020, now has his eye on Sacramento. In his campaign for governor, Steyer is spending a considerable part of his own money to make sure that absolutely everyone in California knows that he competes for the governorship, through an intense publicity offensive. The most recent record of the California Secretary of State shows that Steyer has spent more than $100 million on the campaign, far above …
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