The billionaires are prepared to spend astronomical sums to prevent the billionaires wealth tax or to block any regulation of A-I, but don't want to pay a penny in taxes to support health, education or social welfare. From the NY Times report on opposition to the billionaires tax before it even gets on the ballot:
Some of the ads will feature Mr. Newsom, who has said the tax would harm innovation in the state and drive away wealthy residents whose income taxes pay for education and health care. The ads will also feature several candidates seeking to replace him as governor next year, Democrats and Republicans alike, along with Mayor Daniel Lurie of San Francisco, a moderate Democrat and a wealthy heir to the Levi Strauss fortune. Brian Brokaw, a Democratic strategist and Newsom adviser working on the campaign, said that with Mr. Sanders coming to California this week to promote the wealth tax, it was important to explain that well-known California Democrats have “taken a look at this proposal and realized how dangerous it is.” The opposition campaign has been funded so far by Ron Conway, a tech investor, and Daniel Tierney, an investor in A.I. and climate solutions, with more donations expected to be disclosed in the next several days. A campaign committee against the wealth tax is expected to report a $5 million donation from Chris Larsen, a founder of Ripple.Credit...Cayce Clifford for The New York Times An opposition campaign committee with ties to the crypto industry, called Golden State Promise, officially formed on Friday. It was expected to report this week $10 million in donations, including $5 million from Chris Larsen, a founder of the cryptocurrency company Rippl The group has been trying to raise money with a pitch deck that sheds light on some of its strategy. “Messaging is everything,” the deck says. “Billionaires CANNOT be the focus or face of an opposition campaign.” Instead, it says, the campaign must tailor messages for voters across different demographics, emphasizing that the wealth tax will hurt working people, will cause businesses to flee the state or is being pushed by special interests. The sales pitch prominently features Fairshake, the crypto industry super PAC that spent more than $100 million in 2024 to help elect congressional candidates who backed cryptocurrency. Golden State Promise also has Democratic ties. Its team includes pollster Ben Tulchin, who was a strategist on Mr. Sanders’s presidential campaign, and Roger Salazar, a longtime Democratic consultant. Michael Novick 323-636-7388https://www.antiracist.org http://www.change-links.org CONFIDENTIALITY NOTICE: The contents of this email message and any attachments are intended solely for the addressee(s) and may contain confidential and/or privileged information and may be legally protected from disclosure. If you are not the intended recipient of this message or their agent, or if this message has been addressed to you in error, please immediately alert the sender by reply email and then delete this message and any attachments. If you are not the intended recipient, you are hereby notified that any use, dissemination, copying, or storage of this message or its attachments is strictly prohibited. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#40730): https://groups.io/g/marxmail/message/40730 Mute This Topic: https://groups.io/mt/117884244/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
