Scott Wiener Opposes a California Billionaire Tax. So Do His Tech CEO Backers.

California state Sen. Scott Wiener opposes a pair of wealth taxes on the ballot, including a one-time statewide tax on California billionaires and a local San Francisco tax on the city's wealthiest businesses. Wiener's opposition is consistent with the priorities of his top donors, including crypto mogul Chris Larsen and venture capitalist Garry Tan. The taxes aim to help fill funding gaps in healthcare and social services.