Finance & Revenue
In California, tech companies support a November ballot proposition to overturn a new California state law that treats gig economy workers as employees and not independent contractors. The tech companies have committed $90 million to the ballot initiative to overturn the state law.
Here’s the polling by UC Berkeley Institute of Governmental Studies:
Why does this matter? Refreshing our recollection, this legislation also captures workers it did not intend to like magicians and stand up comics.
How much have tech companies spent on the ballot initiative? more than $180 million
Los Angeles Times via Governing | Uber, Lyft Face Uphill Struggle for Gig-Worker Votes
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