Tech billionaires have raised more than $340m to defeat Prop 40, a one-time 5% wealth tax that will fund healthcare and education
Fact check: Could California lawmakers expand the billionaire tax to everyone?
Opponents say Prop. 40 opens the door to broader taxes. Experts explain what the measure allows and what would take another vote.
Billionaire Tax Explained: What Proposition 40 Would Mean for California
Understand California's Proposition 40, the proposed one-time billionaire wealth tax, and its potential impacts on the state.
One State Found a Way to Make Billionaires Pay. Your State Could Be Next.
Why We Need to Confront the Billionaires’ Paradise
The UBS/PwC report on the “new Gilded Age” of the billionaire class, and the Paradise Papers reveal ways corporations and the ultrawealthy avoid taxes.
This CA proposition will send $4 billion to a single nonprofit. Who’s behind it?
Proposition 38 will award $4 billion to one unnamed research center. Under the very specific criteria, only one center seemingly qualifies.
Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality | Oxfam International
Billionaires 4,000 times more likely to hold political office than ordinary people
Universal Basic Income Is Silicon Valley’s Latest Scam
The plan is no gift to the masses, but a tool for our further enslavement
How Mark Zuckerberg Pushed Meta to Shield Him From California’s Proposed Wealth Tax
The billionaire told Meta’s board that he planned to list his Silicon Valley home for sale. The company remade its stock structure to help him pay the tax if voters pass it.
How Mark Zuckerberg Pushed Meta to Shield Him From California’s Proposed Wealth Tax
The billionaire told Meta’s board that he planned to list his Silicon Valley home for sale. The company remade its stock structure to help him pay the tax if voters pass it.
Get the Money out of Politics
There’s a really simple way of ensuring that politics belongs to the people, not to the ultra-rich.
The 1% hide their money offshore – then use it to corrupt our democracy | Aditya Chakrabortty
From US billionaires to City barons, the super-rich are buying political influence as never before. Our politicians now work for them, not for us
Elon Musk becomes biggest donor of US midterms cycle with $366m spent
Musk’s midterm donations, mostly for rightwing candidates and causes, surpass his contributions to Trump in 2024
Google co-founder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses | Fortune
The state’s ultrawealthy, including Larry Page and Peter Thiel, have similarly donated to efforts opposing the wealth tax.
Everything these guys do to avoid the billionaire’s’ tax is going to radicalize people to vote for it nytimes.com/2026/10/21/technology/mark-zu…
How Mark Zuckerberg Pushed Meta to Shield Him From California’s Proposed Wealth Tax (Gift Article)
www.nytimes.com