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The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax.

Guardian TechnologyAnalysis or commentary·
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Tech billionaires have raised more than $340 million to oppose Prop 40, a proposed one-time 5% wealth tax in California that would fund healthcare and education.

Written by AI from Guardian Technology's published text.

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“Tech billionaires have raised more than $340m to defeat Prop 40, a one-time 5% wealth tax that will fund healthcare and education Tech billionaires have been dumping hundreds of millions of dollars into the fight against a wealth tax in California.”
Guardian Technology, 16 Oct 2026, 13:00.

Interpretation or community commentary rather than straight reporting.

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