San Jose's Mayor Comes Out Against the California Wealth Tax

<![CDATA[San Jose has been called the capital of Silicon Valley so the opinion of its elected officials could carry some weight in the ongoing discussion over a plan to create a new 5% wealth tax on the state's tech billionaires. Today, the mayor of San Jose announced his opposition to the tax which is being pushed by the SEIU and by Rep. Ro Khanna. Mayor Matt Mahan says passing this would be a disaster for the state.]]>