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Local billionaires shell out to defeat Prop 40

Marcus Chen
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN

Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.

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Managing Editor · Thursday, October 29, 2026 at 8:21 PM · 1 min read
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Local billionaires shell out to defeat Prop 40 — Portola Valley Health news

Californians are already voting on whether to implement a one-time 5% tax on billionaires that could generate as much as $100 billion toward healthcare and other social services over the next five years. And local billionaires are weighing in — with their wallets. The post Local billionaires shell out to defeat Prop 40 appeared first on The Almanac.

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