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Tech Donors Fund Super PAC Backing Wiener Against Wealth Tax

5/14/2026

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Story summary
  • Tech billionaire Chris Larsen and venture capitalist Garry Tan are financing a super PAC that backs Senator Scott Wiener and opposes California’s wealth taxes.
  • Wiener announced opposition to the Billionaire Tax Act and San Francisco’s Overpaid CEO tax, prompting SEIU California to withdraw its endorsement.
  • Critics argue Wiener’s ties to donors and Yes-in-My-Backyard (YIMBY) development favor corporate interests, while supporters say the taxes would fund health, school meals, mental-health and housing.