Tom Steyer runs for California governor on class traitor platform: 'I'm the billionaire who wants to tax other billionaires' | Fortune
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Tom Steyer runs for California governor on class traitor platform: 'I'm the billionaire who wants to tax other billionaires' | Fortune
""I'm the billionaire who wants to tax other billionaires," he's fond of saying, though he's given only tenuous backing to a billionaires' tax proposal likely to appear before California voters in November."
""If you're going to come here and build a company and make a ton of money, great. But you're part of a system - you're depending on a system built by, basically, poor people. If you aren't willing to pay your fair share, I feel like you're spitting on those people.""
Tom Steyer, a billionaire climate activist, is campaigning for California governor, advocating for higher taxes on the wealthy and corporations. He has a personal fortune of $2.4 billion and has been endorsed by a progressive group opposing billionaires. Despite his hedge fund's past investments in fossil fuels, he has funded efforts to reduce emissions. Steyer's views have garnered both support and skepticism, with some seeing him as a genuine advocate for change while others view him as disingenuous and self-serving.
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