Google founder backs both Republican and Democrat in governor’s race while ex-CEO fights billionaire tax

Tech billionaires are adding to their already huge spending spree on California politics as campaigns for governor and a proposed wealth tax heat up.

According to recently released campaign finance disclosures, big names pouring millions into state politics include current and former chief executives from Google, DoorDash, Reddit, LinkedIn and Facebook – evidence of Silicon Valley’s increasing involvement in politics.

Google’s former CEO Eric Schmidt has become a major donor, contributing $1.04m to an independent committee, the California Business Roundtable, that is campaigning against the proposed Billionaire Tax Act, according to new filings released by the state government. The union-backed tax proposal, opposed by almost all of the state’s mega-rich, aims to help cover education, food assistance and healthcare programs.

  • givesomefucks@lemmy.world
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    2 days ago

    If I wait for you to go to work, then rob your house…

    My system worked exactly as designed.

    That doesn’t mean it’s a fair system or that you have to accept that its my system.

    Just that it’s what I’m doing.

    We pried the DNC out of the cold dead hands of neoliberals over a year ago…

    If we can do that, we can recapture the prodigal state parties. We just have to do it.