The fight against California’s proposed ‘Billionaire’s Tax’ just hit a new level of strange, because San Francisco just saw a “March for Billionaires”. When news of the event first surfaced, complete with the pithy tagline, “Vilifying billionaires is popular. Losing them is expensive,” most people, including many online, assumed it had to be a bizarre piece of satire. Honestly, who wouldn’t think that? As one social media user noted, “this is a joke/satire right??”
You can forget the joke theory, though. The organizer is Derik Kauffman, the founder of the AI startup RunRL, a company that previously went through the prestigious Y Combinator accelerator program. Kauffman confirmed he organized and funded the event entirely himself. He stressed that there are no big-money associations or external companies involved in putting this whole thing together; it’s just him taking a stand.
