Peter Thiel donates $3M to group fighting proposed California billionaire tax

Billionaire Peter Thiel is contributing to the fight against the so-called billionaires tax ballot measure that California voters may have the opportunity to vote on this fall.

Thiel made a $3 million donation to the California Business Roundtable, a lobbying group that opposes policies it views as being anti-business. The donation was first reported by The New York Times, citing a disclosure. 

The Times noted that while the donation isn't specifically earmarked for efforts to oppose the wealth tax proposal...