15 hours ago
The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax
What's happening
SignalsMonitor is following this as a markets story. The Guardian Business is the outlet attached so far. The first report grouped here was at 16 Oct 2026, 13:00 UTC. The headline in use is “The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax”. This note is SignalsMonitor's own briefing, not the publisher's article.
What we know
Tech billionaires have raised more than $340m to defeat Prop 40, a one-time 5% wealth tax that will fund healthcare and education Tech billionaires have been dumping hundreds of millions of dollars into the fight against a wealth tax in California. They’ve raised more than $340m, and the campaign they’re…
Story timeline
Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.
- First reported by The Guardian Business
The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax
Reported by 1 outlet
- The Guardian