Tech Billionaires Spend $120M Against California Tax
Tech billionaires and allied groups have funded a $120 million campaign to block the one-time 5% wealth tax, while supporters have raised about $31 million.
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As Californians get ready to vote on Billionaire's tax, Sergey Brin and several other tech elite are spending millions to try ensure that the bill is not passed: Here are the names
Tech News News: As California is gearing up to vote this November on a proposed 5% wealth tax targeting residents and trusts with assets exceeding $1 billion, some of.
The Golden State could be the first American state to introduce a wealth tax: billionaires are said to give up 5 percent of their wealth once. In the rest of the country, we look very closely at the referendum.
Billionaire Tax, Affordable Housing: See the Measures on California’s November Ballot
California voters will decide on 14 statewide policy proposals come November, including the high-stakes billionaire tax, an $11 billion affordable housing bond and voter ID requirements. The post Billionaire Tax, Affordable Housing: See the Measures on California’s November Ballot appeared first on The Santa Barbara Independent.
Silicon Valley Elite Pour $118 Million to Sink Calif. Wealth Tax
California's wealthiest residents have launched a massive campaign to stop a proposed billionaire wealth tax, with Google co-founder Sergey Brin contributing $82 million as opponents build a more than $118 million war chest ahead of the Nov. 3 ballot.
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