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Google co-founder spends $45m in fight against California billionaire tax
| United Kingdom | world | ✓ Verified - theguardian.com

Google co-founder spends $45m in fight against California billionaire tax

#Google #Sergey Brin #California #billionaire tax #campaign finance #wealth tax #election

📌 Key Takeaways

  • Google co-founder Sergey Brin contributed $45 million to oppose a proposed California billionaire tax.
  • The tax targets ultra-wealthy individuals in the state to fund social programs.
  • Brin's donation is part of a larger campaign against the measure ahead of the election.
  • The initiative highlights tensions over wealth inequality and tax policy in California.

📖 Full Retelling

<p>Sergey Brin gives $25m on top of $20m he’s already given to Super Pac trying to blocking state’s proposed 5% wealth tax</p><p>A <a href="https://www.theguardian.com/technology/google">Google</a> founder has more than doubled his financial contribution to the fight against a proposed wealth tax in <a href="https://www.theguardian.com/us-news/california">California</a>. New filings with the state show that former Alphabet president Sergey Brin donated $

🏷️ Themes

Tax Policy, Wealth Inequality

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Original Source
<p>Sergey Brin gives $25m on top of $20m he’s already given to Super Pac trying to blocking state’s proposed 5% wealth tax</p><p>A <a href="https://www.theguardian.com/technology/google">Google</a> founder has more than doubled his financial contribution to the fight against a proposed wealth tax in <a href="https://www.theguardian.com/us-news/california">California</a>. New filings with the state show that former Alphabet president Sergey Brin donated $
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theguardian.com

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