Thiel Donates $3 Million to Fight California Wealth Tax Proposal
TL;DR Summary
Venture capitalist Peter Thiel donated $3 million to a California Business Roundtable political committee opposing a proposed wealth tax on billionaires, part of a broader push by Silicon Valley elites to defeat the measure ahead of the November ballot; the donation marks the first seven-figure contribution in the effort and more large gifts are expected.
Topics:business#ballot-measure#billionaires-tax#california-business-roundtable#california-wealth-tax#peter-thiel#politics
- Thiel Gives $3 Million to Group Seeking to Block California Wealth Tax The New York Times
- Google Guys Say Bye to California The New York Times
- California wealth tax proposal hemorrhages $1T as billionaires flee Fox Business
- Tech titans divided over whether to pay billionaire tax or flee California The Guardian
- Nvidia CEO Says He Doesn’t Care About California’s Proposed Billionaire Tax The Wall Street Journal
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