Scott argues that California's proposed billionaire tax is actually an extortion scheme by SEIU, which has a history of proposing destructive ballot initiatives and withdrawing them in exchange for concessions. Longer summary

Scott argues that California's 2026 Billionaire Tax Act is not a genuine progressive wealth tax proposal, but rather an extortion scheme by the Service Employees International Union (SEIU). He explains the tax's various problems (including taxing unrealized gains and being retroactive), then reveals SEIU's history of proposing deliberately destructive ballot initiatives targeting healthcare industries, only to withdraw them in exchange for money and union expansion rights. The union has done this repeatedly with hospitals and dialysis clinics, spending millions on initiatives they never intended to pass. Scott suggests the billionaire tax follows the same pattern: SEIU is leveraging Governor Newsom's presidential ambitions and desire to keep tech billionaires happy, hoping he'll offer concessions to make the initiative disappear. Shorter summary

Scott Alexander argues that even seemingly extreme media misinformation usually involves misleading presentation of true facts rather than outright fabrication, examining several reader-provided counterexamples. Longer summary

Scott Alexander responds to criticisms of his previous post about media rarely lying by examining several examples readers provided. He argues that even in extreme cases like Alex Jones' Sandy Hook conspiracy theories or claims about election fraud, media sources are typically highlighting true but misleading facts rather than outright fabricating information. Scott contends this matters because it means efforts to censor 'misinformation' will always require subjective judgment calls rather than being a straightforward process of removing falsehoods. He suggests people want to believe bad actors are doing something fundamentally different than good faith reasoning, but in reality most are just reasoning poorly under uncertainty. Shorter summary

Scott Alexander provides updates on the ACX Grants project, summarizing the progress of grantees and their ongoing needs. Longer summary

This post provides updates on the ACX Grants project, where Scott Alexander awarded grants to various individuals and organizations for innovative projects. The post summarizes the progress of each grantee, their self-assessed performance on a scale of 1-10, and any additional help or funding they are seeking. The projects range from scientific research and technology development to policy advocacy and social initiatives. Scott also reflects on lessons learned from the grant program and announces the creation of an ACX Grantees Discord for grantees to connect with each other. Shorter summary