Tech Billionaires vs. Wealth Tax in California
California News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
In Santa Clara County, a proposed wealth tax on billionaires is sparking a political showdown, with tech heavyweights like Garry Tan and Peter Thiel backing candidates Ethan Agarwal and Matt Mahan against incumbent Ro Khanna. The tax, which could raise funds for healthcare and childcare, is facing opposition from tech elites, raising questions about the influence of big money in local politics.
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