Castillo notes that billionaires have already adopted this strategy, spending millions on at least three counter-initiatives.
—
Brad Hamilton,
CBS News,
24 Mar. 2026
Among the most powerful exponents of this view are billionaires Peter Thiel and Marc Andreessen; both venture capitalists have their own investments in the nuclear energy sector and are influential Trump supporters.
California is full of young people who were transformed into millionaires when crypto went mainstream.
—
Matthew Ormseth,
Los Angeles Times,
24 Mar. 2026
Gilchrest, a social worker by training, spoke about wealth inequality, the ability of millionaires and billionaires to avoid taxes, and the widening gap between pay at the top and bottom of the average corporate salary range.
The gaslighting evil plutocrats who want everything own the Federalist Society, Heritage Foundation and other think tanks.
—
Sun Sentinel Editorial Board,
Sun Sentinel,
23 Feb. 2026
One issue raised by the burgeoning controversy over the California proposal is how to extract a fair share of public revenue from plutocrats, whose wealth has surged higher while their effective tax rates have declined to historically low levels.
—
Business Columnist,
Los Angeles Times,
8 Jan. 2026
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