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This California Congressional Hopeful Opposes a Billionaire Tax. So Do His Tech CEO Backers.

Jonah Valdez
May 14, 2026 at 10:07
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This California Congressional Hopeful Opposes a Billionaire Tax. So Do His Tech CEO Backers.

The leading progressive candidate to replace longtime Democratic leader Nancy Pelosi in Congress is opposing a pair of wealth taxes on the ballot in his state and district: a one-time statewide tax on California billionaires and a local San Francisco tax on the city’s wealthiest businesses and corporations.  California state Sen. Scott...

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