{"id":169565,"date":"2026-02-08T19:45:11","date_gmt":"2026-02-08T19:45:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/169565\/"},"modified":"2026-02-08T19:45:11","modified_gmt":"2026-02-08T19:45:11","slug":"san-franciscos-pro-billionaire-march-draws-dozens-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/169565\/","title":{"rendered":"San Francisco\u2019s pro-billionaire march draws dozens"},"content":{"rendered":"<p class=\"mb-4 text-lg md:leading-8 break-words\">A march supporting California\u2019s billionaires didn\u2019t exactly attract a huge crowd on Saturday \u2014 <a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/march-for-billionaires-21331509.php\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:the San Francisco Chronicle counted;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">the San Francisco Chronicle counted<\/a> around three dozen attendees, along with another dozen tongue-in-cheek counter-protesters.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">To be fair, organizer Derik Kauffman had <a href=\"https:\/\/techcrunch.com\/2026\/02\/06\/an-ai-startup-founder-says-hes-planning-a-march-for-billionaires-in-protest-of-californias-wealth-tax\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:predicted attendance of only \u201ca few dozen\u201d beforehand;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">predicted attendance of only \u201ca few dozen\u201d beforehand<\/a>. But the incongruous idea of the \u201cMarch for Billionaires\u201d has provoked an outsized response on social media. And <a href=\"https:\/\/missionlocal.org\/2026\/02\/sf-march-for-billionaires-bust\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:according to Mission Local;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">according to Mission Local<\/a>, journalists nearly outnumbered demonstrators at the event itself, where marchers carried signs with messages like \u201cWe<\/p>\n<p><img alt=\"\u2764\" loading=\"lazy\" width=\"72\" height=\"72\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/02\/f023a2acc97d2a791048c9ad25fd1644.jpeg\"\/><\/p>\n<p>\u2764<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">You Jeffrey Bezos\u201d and \u201cIt\u2019s very difficult to write a nuanced argument on a sign.\u201d<\/p>\n<p>Advertisement<\/p>\n<p>Advertisement<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The ostensible reason for the demonstration was to protest the Billionaire Tax Act, a proposed state ballot measure that would require Californians worth more than $1 billion to pay a one-time, 5% tax on their total wealth. If the measure actually passes, Governor Gavin Newsom said <a href=\"https:\/\/www.nytimes.com\/2026\/01\/13\/us\/newsom-billionaire-tax-california.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:he will veto it;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">he will veto it<\/a>.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Kauffman, who founded the AI startup RunRL and is not a billionaire himself, told reporters, \u201cCalifornia is, I believe, the only state to give health insurance to people who come into the country illegally. I think we probably should not be providing that.\u201d (<a href=\"https:\/\/www.chcf.org\/resource\/covering-uninsured-national-scan-state-based-coverage-immigrants\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Fourteen states;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Fourteen states<\/a> offer health care to undocumented immigrants.)<\/p>\n","protected":false},"excerpt":{"rendered":"A march supporting California\u2019s billionaires didn\u2019t exactly attract a huge crowd on Saturday \u2014 the San Francisco Chronicle&hellip;\n","protected":false},"author":2,"featured_media":169566,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[9329,81014,457,17144,101,8209,103,102,104,106,105],"class_list":{"0":"post-169565","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-francisco","8":"tag-billionaires","9":"tag-derik-kauffman","10":"tag-gavin-newsom","11":"tag-mission-local","12":"tag-san-francisco","13":"tag-san-francisco-chronicle","14":"tag-san-francisco-headlines","15":"tag-san-francisco-news","16":"tag-sf","17":"tag-sf-headlines","18":"tag-sf-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/169565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=169565"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/169565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/169566"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=169565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=169565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=169565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}