Silicon Valley Billionaires Fund Political Ad Campaign Against California Prop 40 Wealth Tax

A group of Silicon Valley billionaires has formed a political advocacy organization backed by roughly $333 million. The group is spending heavily on advertising ahead of next week's elections. Its campaign is aimed at opposing Proposition 40, a California wealth tax measure. The article's excerpt provides limited detail beyond the group's size and its election-season focus. Further details on specific ad content and spending breakdowns are not included in the provided text.
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