Right-wing billionaires are trying to buy San Francisco, and The Phoenix Project has the receipts. Volume 1 of The Phoenix Papers exposes how the city's wealthiest residents exploit loopholes in tax and campaign finance law to hide millions in political contributions, funding conservative candidates in SF while quietly bankrolling Republican campaigns across the country. The result is a shadowy political network threatening public education, transit, affordable housing, and rent control — all while hiding behind a veil of anonymity.