# Silicon Valley’s richest outspent supporters more than 10 to one to kill California’s billionaire tax—and won

- Source: Fortune | FORTUNE
- Published: 2026-11-11T18:52:56+00:00
- Category: Business
- Original: https://fortune.com/2026/11/11/silicon-valley-richest-supporters-10-one-california-billionaire-tax/
- Canonical: https://groundlevelnews.com/story/silicon-valley-s-richest-outspent-supporters-more-than-10-to-one-to-ki-a0ef91/

Voters also voted to pass Proposition 42, potentially blocking future taxes on income and assets.

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