Published August 13th, 2026 - 07:26 GMT
ALBAWABA - Google co-founder Sergey Brin paid $102 million to a group trying to block proposition 40 in California which aims to tax the ultra-rich.Brin’s latest donation to the group totaled $20 million, the group called Building a Better California says it’s a non-partisan group focused on “supporting forward-looking ideas to improve affordability and quality of life for all Californians”, Despite this, however, it’s using these millions of dollars to fund two ballot measures that could block proposition 40 – a one-time five percent wealth tax on billionaires, with 90 percent of the tax going to healthcare and ten percent going toward education and food assistance.The group refused to comment on Brin’s donations.“California billionaire Sergey Brin would rather spend $100 million to fund a shady opposition campaign than simply pay his fair share in taxes so millions of Californians don’t lose their healthcare.That’s shameful. Billionaires already pay much lower tax rates than what working families pay out of every paycheck,” Service Employees International Union United Healthcare Workers West Vice President Debru Carthan said in a statement.Google co-founder Sergey Brin has spent over $100 million to avoid new billionaire tax laws in California.Brin is so unfathomably rich that $100 million is a drop in the bucket for him, and he'd owe the government over $13,000,000,000 if the law passes. pic.twitter.com/sEMmiX1RRo— Pubity (@pubity) August 12, 2026 Brin’s group is backing propositions 41 and 42, which, if received more approval votes than the proposed billionaire tax (proposition 40), it would nullify the wealth tax.Billionaires, consequently, have started to cut their ties to California and threaten to move, with Brin himself relocating to Nevada and buying new property elsewhere like Florida saying his family fled socialism in the 70s and he doesn’t want “California to end up in the same place.”
