“This network of billionaire donors mirrors the dark money networks used by the Koch brothers. In fact, many of the same donors were directly implicated in an illegal dark money scheme in 2012. This group promised to spend even more in the November election and have already begun writing big checks.” – August 31 press release from the California Teachers Association.
Those big checks had lots of zeros in them. But it turns out that’s all they had. Here’s the fundraising status for Proposition 55, the CTA-supported initiative that extends the “temporary” highest income tax brackets.
You read that correctly. It’s $46.1 million to zero. CTA’s contribution to that total so far is $16.5 million.