CNBC Squak Box: Democratic mayor of Silicon Valley’s largest city opposes billionaire tax

By Jordan Novet This article was originally published in CNBC The Democratic mayor of San Jose, California, has come out against a proposed statewide ballot measure that would ask voters to approve a one-time 5% tax on billionaires’ net worth. Matt Mahan, who took office in Silicon Valley’s biggest city in 2023, said in a […]