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California Billionaires Pour Record $612 Million Into Elections To Fight Wealth Tax

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California Billionaires Pour Record $612 Million Into Elections To Fight Wealth Tax Authored by AG News Staff via American Greatness , California's wealthiest residents are pouring unprecedented amounts of money into state elections as Silicon Valley billionaires unite to defeat a proposed wealth tax that could reshape the state's economic future. More than 70 current and former California billionaires have contributed a record $612 million to this year's state elections, according to a Politico analysis . Nearly half of that money has gone to organizations opposing Proposition 40, a wealth…

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    California Billionaires Pour Record $612 Million Into Elections To Fight Wealth Tax

    California Billionaires Pour Record $612 Million Into Elections To Fight Wealth Tax Authored by AG News Staff via American Greatness , California's wealthiest residents are pouring unprecedented amounts of money into state elections as Silicon Valley billionaires unite to...

    Low reliability sourceElevated risk