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News 2026-10-15 18:37 UTC

Billionaires Plow $300 Million Into Fight Against Wealth Tax

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. ()