Google cofounder Sergey Brin has spent $102 million to oppose California’s proposed billionaire tax. He donated this amount to Building a Better California, a political action committee fighting the measure. Total opposition efforts have exceeded $187 million, making Brin the largest sole contributor to the campaign. If Proposition 40 passes in November, California’s 200 billionaires would face a one-time 5% tax, with Brin, whose net worth is nearly $260 billion, potentially owing about $13 billion. The measure is expected to raise $100 billion over five years, with 90% going to California’s healthcare program and 10% to education and food assistance.
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