Molly Munger, who has spent nearly $36 million on tax initiative Proposition 38, said she believed her brother was not financing the campaign against a rival tax increase measure, Gov. Jerry Brown's Proposition 30.
Charles Munger Jr. has contributed $22 million to the Small Business Action Committee PAC, designed to both oppose Brown's tax measure and to support Proposition 32, a campaign finance measure aimed at curbing union power.
Her brother, she said, "has assured me his money is going to 32 and not 30. I don't know where they're getting their money...The first time he put money into that PAC, I called him and said, 'What are you doing? And he said, 'I'm doing what I always said I was doing, I'm backing 32 ... He said, 'It's all for 32, that's my deal with that PAC.'"
But the math suggests that Charles Munger Jr.'s money has to be flowing to No on 30. SBAC has spent $5.9 million so far on No on 30 ads - yet the PAC has only collected $2.2 million from contributors not named Charles Munger Jr.
Beth Miller, SBAC spokeswoman, said the committee "does not accept contributions earmarked for any specific measure...All donors understand that it is up to the discretion of SBAC PAC regarding how any funds are spent."