Peter Thiel makes $3m donation to fight Californias proposed billionaire tax

Ballot proposes one-time, 5% tax on anyone in state worth more than $1bn and grant a five-year period for paymentPalantir co-founder Peter Thiel has donated $3m to a California lobbying group advocating against a proposed wealth tax that would target billionaires in the state. The seven-figure contribution comes as several ultra-wealthy tech moguls have left or threatened to leave California over the tax.Thiel, worth some $26bn, made the donation last month to the California Business Roundtables...