Silicon Valley Stumbles Into California’s Billionaire Tax Fight
Tuesday, June 16, 2026 · 8 min
California billionaire tax fight is becoming a November ballot proxy war after SEIU qualified a 5% net-worth measure and Silicon Valley’s early counteroffensive fizzled. The Becerra-Hilton governor matchup remains the campaign backdrop, but the money fight may define the air war.
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Show notes
California billionaire tax fight is becoming a November ballot proxy war after SEIU qualified a 5% net-worth measure and Silicon Valley’s early counteroffensive fizzled. The Becerra-Hilton governor matchup remains the campaign backdrop, but the money fight may define the air war.
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