Billionaire Tom Steyer Campaigns Against the Rich

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Bloomberg: “A former hedge fund titan turned leftist firebrand, Steyer is vying to become California’s next governor by running against his own class. His calls to cap oil refinery profits, break up electric utility monopolies and impose a one-time wealth tax on billionaires have infuriated the business community. They’ve also placed him in striking distance of surviving a crowded June 2 primary and reaching the general election in November.”“With $212.6 million of his own money spent to date, averaging more than $1 million per day, it’s one of the most expensive gubernatorial campaigns in US history.”