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Billionaires Band Together Against CA Wealth Tax | Los Angeles News
California billionaires are making headlines by contributing a record $612 million to oppose Proposition 40, a wealth tax initiative. With over seventy current and former billionaires involved, nearly half of that funding targets the proposed tax. This unprecedented financial push features prominent figures like Sergey Brin, Eric Schmidt, and Chris Larsen, indicating a newfound unity among Silicon Valley's elite. The political engagement from the state's wealthiest residents suggests that the
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