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Pro-Wealth March in SF Sparks Clash with Socialists

2/8/2026

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Story summary
  • In San Francisco, pro-wealth activists clashed with socialist demonstrators during the "March for Billionaires" opposing California's proposed wealth tax.
  • Derik Kauffman, organizer and co-founder of AI startup RunRL, said the march was misunderstood as a joke due to its location.
  • Counter-protesters outnumbered the marchers.
  • One protester dressed as the Swedish Chef mocked the event.
  • Derik Kauffman challenged the tactics used by the Service Employees International Union (SEIU) in gathering signatures for the tax proposal.