Sergey Brin Spends $45 Million To Fight California Billionaire Tax
Google founder Sergey Brin has significantly increased his financial backing for the opposition to a proposed California wealth tax, donating an additional $25 million to a Super Pac, bringing his total to $45 million. This substantial contribution mirrors similar increased support from former Alphabet CEO Eric Schmidt, who has now contributed over $3 million. These tech titans are actively campaigning against the “billionaire tax,” a ballot measure that would impose a 5% one-time tax on assets exceeding $1 billion, aiming to fund state programs.
John Q. Hosedrinker