Sergey Brin gives $102 million to fight California’s 5% billionaire tax
AI Summary- Sergey Brin donated $102 million to oppose California’s Proposition 40 wealth tax.
- Proposition 40 would impose a one-time 5% levy on assets of billionaires and qualifying trusts.
- Newsom, Xavier Becerra and Steve Hilton have all expressed opposition to Proposition 40.