Billionaires pour millions into ballot fight over California wealth tax

This billionaire's anti-tax crusade just exploded in his face

Friends,Google co-founder Sergey Brin, one of the three or four wealthiest people in the world, with a net worth hovering around $260 billion to $277 billion, is devoting some of his wealth to fighting California’s wealth tax on billionaires.So far, he’s spent $57 million trying to defeat the measur...

A billionaire just accidentally delivered the most compelling argument for a wealth tax

Google co-founder Sergey Brin, one of the three or four wealthiest people in the world, with a net worth hovering around $260 billion to $277 billion, is devoting some of his wealth to fighting California’s wealth tax on billionaires.So far, he’s spent $57 million trying to defeat the measure.Brin’s actions — along with Elon Musk’s $250 million “investment” in getting Trump reelected in 2024 — should be Exhibits A and B in why America needs a we…

Billionaire’s tax attacked in scathing new ad ahead of debate: ‘It will backfire’

Golden State Promise, funded largely by Chris Larsen, said in a release it intends to spend eight figures.

Billionaires Spending Millions to Fight Against, Lie to Voters About CA’s Proposed, One-Time Billionaires Tax: ‘BradCast’ 5/4/2026

On today’s BradCast: If you were unclear about taxes being way too low on millionaires and billionaires, the amount of money being spent by fewer than a dozen…

Billionaires pour millions into ballot fight over California wealth tax

The tax, proposed by the Service Employees International Union-United Healthcare Workers West, would impose a one-time, 5% levy on the net worth of California residents with more than $1 billion in assets.

Proposed Billionaire Tax divides California ahead of November vote

A proposed wealth tax backed by nearly 1.6 million signatures has qualified for California’s November ballot, sparking statewide debate over economic fairness and healthcare funding. The Billionaire Tax Now coalition, primarily sponsored by Service Employees International Union-United Healthcare Workers West (SEIU-UHW), would impose a one-time 5% tax on the roughly 200 Californians with a net worth of over $1 billion. According to a spokesperson…