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As June 25 Wealth Tax deadline nears, tech billionaires' chat groups go viral

Published 16 June 2026 · us

California's June 25 deadline to remove a proposed 5% billionaire wealth tax from the November ballot is nearing, and leaked Signal chats from Silicon Valley's

California's June 25 deadline to remove a proposed 5% billionaire wealth tax from the November ballot is nearing, and leaked Signal chats from Silicon Valley's richest have gone viral. The messages reveal Sergey Brin, Marc Andreessen, and dozens of tech elites plotting to defeat the SEIU-backed measure—even floating buying the signature firm outright. Despite millions spent, their candidates flopped, billionaires fled California, and the union still gathered 1.6 million signatures.

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