Billionaires Pay Up to Draw Attention to Ballot Initiatives (1)

Oct. 28, 2020, 8:45 AM UTCUpdated: Oct. 29, 2020, 12:50 AM UTC

The super-rich are paying to get the attention of everyday Americans before they vote on new tax law, minimum wage, affirmative action, information-selling, and more.

In some states, almost all of the money devoted to influencing the outcome of targeted ballot issues has come from a single donor. In Illinois, billionaires on opposing sides of a tax question have driven the cost of ballot-issue messaging above $100 million.

Citadel Llc CEO Kenneth Griffin has put $53.8 million into a campaign to defeat a proposed constitutional amendment to change that state’s flat tax to a graduated system. And he’s not ...

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