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Sunday, July 5, 2026

Tech billionaires pour $120M into killing California’s wealth tax

Sergey Brin alone has spent $82M against the one-time 5% levy, outgunning the union backing it by roughly four to one Silicon Valley’s wealthiest are spending heavily to stop California’s proposed billionaire tax, according to a Business Insider tally of campaign filings. Opponents have poured more …

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