CBS News: Mayor Matt Mahan of San Jose, Silicon Valley’s largest city, criticizes proposed California billionaires’ tax
This article was originally published in CBS Bay Area. By Tim Fang The mayor of Silicon Valley’s largest city has come out against a proposed ballot initiative that would impose a wealth tax on California’s billionaires, as leaders debate the benefits of the proposal. “I’m all for taxing billionaires, but I think this is the […]
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 […]