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Billionaire-backed group raises nearly $300 million to fight wealth tax
Original: tax
A billionaire-backed political group has raised almost $300 million to oppose a proposed wealth tax, according to reporting by The Mercury News. The report examines who is donating to the campaign, drawing attention to the scale of wealthy opposition to higher taxes on large fortunes. The fundraising effort is fueling debate over the growing money battle around tax policy in the United States.
Why now: The report reveals the scale and donors behind organized opposition to a wealth tax, a highly contested policy issue.
The Mercury Newswealth tax opposition group
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Evidence
- Who’s donating to the billionaire-backed group that has raised almost $300 million to fight the wealth tax? · The Mercury News
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