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Billionaires Plow $300 Million Into Fight Against Wealth Tax

Key Points

Bloomberg's Josh Sisco joins Scarlet Fu on "Bloomberg Real Yield." Groups backed by some of the world’s richest people are pouring cash into a final push against California’s proposed one-time 5% tax on billionaires, escalating what’s already one of the country’s most expensive battles of this election cycle.

Bloomberg's Josh Sisco joins Scarlet Fu on "Bloomberg Real Yield." Groups backed by some of the world’s richest people are pouring cash into a final push against California’s proposed one-time 5% tax on billionaires, escalating what’s already one of the country’s most expensive battles of this election cycle. (Source: Bloomberg)
Josh Sisco (PERSON) Scarlet Fu (PERSON) Groups (ORG) California (LOCATION) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →