Sergey Brin leads tech elite's millions against California billionaire tax
California's proposed 5% wealth tax on billionaires is facing a massive opposition campaign funded by tech titans like Sergey Brin, who has donated $82 million. Wealthy individuals are reportedly moving assets out of state, while supporters argue the tax will fund vital public services and reduce inequality. This high-stakes battle, with millions being spent on both sides, will be decided by voters this November.
California's proposed 5% wealth tax on billionaires is facing a massive opposition campaign funded by tech titans like Sergey Brin, who has donated $82 million. Wealthy individuals are reportedly moving assets out of state, while supporters argue the tax will fund vital public services and reduce inequality. This high-stakes battle, with millions being spent on both sides, will be decided by voters this November.
