California Billionaire Tax Proposal Advances to Ballot Consideration

Despite more than double the needed number of signatures to qualify for ballot, there’s uncertainty it’ll make it to votersHi and welcome to TechScape. Nick Robins-Early and Dara Kerr here, filling in for your usual host Blake Montgomery who is out on vacation. We’ll be talking about the fight over a proposed billionaire tax in California, the UK’s social media ban and SpaceX making a big buy in the AI arms race. California ‘billionaire tax’ makes ballot despite opposition from tech mogulsTech billionaires are spending unprecedented sums in California races. Experts say it’s the tip of the iceberg‘It makes no sense’: 16- and 17-year-olds on UK social media banUK ministers lobby Trump to avert backlash against social media ban Continue reading...