California's proposed Billionaire Tax faces organized opposition from tech billionaires. - Public support for the tax is around 50%.
- Building a Better California has raised over $100 million, mostly from Sergey Brin. - The group qualified two counter-initiatives for the ballot.
- Tech elites are now more politically engaged than ever, signaling a new era in state politics. The fight over the tax is reshaping California's political landscape, with billionaires building lasting political infrastructure.