Tech Entrepreneur Challenges Khanna in CA Primary
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Tech entrepreneur Ethan Agarwal, a forty-year-old with no political experience, is running for Californias seventeenth congressional district, challenging Democratic incumbent Ro Khanna. Agarwal, who founded and sold fitness and finance startups, is backed by Silicon Valley leaders frustrated with Khannas push for a wealth tax on billionaires. The matchup carries irony, as Khanna started as a tech-backed outsider in this district over a decade ago. Agarwal shares policy ideas like taxing loans against assets, hiking capital gains rates, and higher property taxes on investment homes. He plans to divest his own portfolio if elected and criticized Khannas stock trades. Agarwal is going all-in locally, hitting cultural events and small businesses in the district where he grew up, contrasting himself as a focused community advocate against Khannas national ambitions.
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