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Billionaire vs Billionaire Tax | US News
Sergey Brin is pouring $90 million into ads to block California’s Proposition 40 — a billionaire tax targeting those worth over $1 billion with a one-time 5% levy. Despite being worth $275 billion himself, Brin’s campaign, backed by his group Building a Better California, highlights that even Governor Newsom and major unions oppose the tax — and that Brin moved out of state to avoid it. Supporters, like healthcare workers unions, can’t match his spending and are relying on social media and texts. Meanwhile, Newsom’s office tried to kill the measure, arguing it harms competitiveness and…
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