ChipsThe Next Webabout 13 hours ago
Tech billionaires fight California wealth tax with $120M
1 min read
Tech billionaires have poured over $120 million into opposing California's Proposition 40, a one-time 5% wealth tax on billionaires heading to the November ballot. Sergey Brin leads with $82 million, followed by John Doerr, Michael Moritz, Patrick Collison, and others. Opponents have raised roughly four times the $31 million from union backers.
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