{"id":457835,"date":"2026-02-09T07:19:17","date_gmt":"2026-02-09T07:19:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/457835\/"},"modified":"2026-02-09T07:19:17","modified_gmt":"2026-02-09T07:19:17","slug":"rally-in-san-francisco-surrounding-states-proposed-billionaire-tax-comes-with-controversy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/457835\/","title":{"rendered":"Rally in San Francisco surrounding state&#8217;s proposed billionaire tax comes with controversy"},"content":{"rendered":"<p>In San Francisco on Saturday, a small group gathered for a city hall march to offer their support for billionaires. It drew a crowd of media and opponents and quickly became a spectacle that focused more on satire than substance.<\/p>\n<p>The issue of income disparity is a serious one. But Saturday&#8217;s advertised March For Billionaires took a serious turn to the absurd. \u00a0Organizer Derik Kauffman seemed to know it would happen.<\/p>\n<p>&#8220;So, I sort of guessed that it would be provocative,&#8221; he said. \u00a0&#8220;I also think if it were not called what it was, then it would not have gotten the attention that it did.&#8221;<\/p>\n<p>The gathering at Alta Plaza Park in the Fillmore District only drew a handful of supporters. But they seemed sincere in their opposition to <a href=\"https:\/\/www.cbsnews.com\/news\/california-billionaire-tax-ballot-initiative-how-it-works\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\" rel=\"nofollow noopener\">California&#8217;s proposed asset tax on billionaires<\/a>, which they said will drive wealth and innovation out of the state. \u00a0<\/p>\n<p>&#8220;You know, I know a lot of people disagree with the framing of this,&#8221; said Kauffman, &#8220;but I do really believe that most billionaires have had a greatly positive influence on the economy.&#8221;<\/p>\n<p>A woman from Berkeley, who gave her name as Annie, said she came up with the original idea of a support march for billionaires.<\/p>\n<p>&#8220;I am a Christian. I swear on my God that I am being completely genuine here,&#8221; she said. &#8220;We are being serious. We like billionaires. We want them to stay.&#8221;<\/p>\n<p>But the unusual notion of a march to support the wealthiest people in the world also drew a lot of media, and some snarky opposition. \u00a0<\/p>\n<p>A couple wearing formal clothing carried signs saying, &#8220;IT&#8217;S A CLASS WAR, AND WE&#8217;RE WINNING&#8221; and &#8220;KEEP CALIFORNIA UNEQUAL.&#8221; \u00a0<\/p>\n<p>One man wearing a business suit and a crown poured on the sarcasm as he discussed the plight of the downtrodden billionaires. \u00a0<\/p>\n<p>&#8220;You don&#8217;t know when you look at somebody what their story is, what their inner struggle is,&#8221; he said. &#8220;So, you can&#8217;t tell if somebody&#8217;s carrying the weight of billions of dollars. It really is a heavy burden.&#8221;<\/p>\n<p>Razelle Swimmer said she spent all day Friday creating a giant puppet of a chef wielding a butcher knife with the slogan, &#8220;EAT THE RICH.&#8221;<\/p>\n<p>&#8220;I wanted to match their absurdity with my absurdity,&#8221; said Swimmer. \u00a0&#8220;And point out how ridiculous they look, by having a 10-foot puppet to chase them around.&#8221;<\/p>\n<p>With that, the march began, heading for city hall. \u00a0Along the way, it drew plenty of stares and a bit of outrage from small business owner John Quillinan, who said he supports the idea of a 5% tax on billionaires&#8217; wealth.<\/p>\n<p>&#8220;The fact that that is not acceptable to them makes me sick to my stomach,&#8221; he said. \u00a0&#8220;I would give up five percent of my net worth over five years to help my community. I own a small business. I&#8217;m not doing amazingly, and I would still do it to help people. What&#8217;s wrong with you that you won&#8217;t?&#8221;<\/p>\n<p>But Michele and Jesse Foster just seemed confused when the procession passed them on the street corner.<\/p>\n<p>&#8220;At first we were horrified, and then, &#8216;I&#8217;m not sure if they&#8217;re joking.&#8217; They have to be joking. It&#8217;s a joke, for sure. Has to be,&#8221; \u00a0they said.\u00a0<\/p>\n<p>Michele said she didn&#8217;t think it was real, but it was hard to tell. \u00a0<\/p>\n<p>&#8220;It&#8217;s a little scary these days. You can&#8217;t trust anything, right? I was on the phone with my daughter and I&#8217;m like, &#8216;I gotta hang up. I gotta go yell at these people,'&#8221; Michele said.<\/p>\n<p>When the group of supporters and detractors reached city hall, they were still arguing. But it was still hard to know what to take seriously.<\/p>\n<p>\n          More from CBS News\n        <\/p>\n<p class=\"content__tags__label\">In:<\/p>\n","protected":false},"excerpt":{"rendered":"In San Francisco on Saturday, a small group gathered for a city hall march to offer their support&hellip;\n","protected":false},"author":2,"featured_media":457836,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,3,5284,21,19,22,20,25,24],"class_list":["post-457835","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-news","tag-san-francisco","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/457835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=457835"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/457835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/457836"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=457835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=457835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=457835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}