California Wealth Tax - Febspot

California Wealth Tax

A collection of 3 posts

Sergey Brin gave $20M as tech billionaires spent $35M ahead of California wealth-tax vote — I.insider.com

Sergey Brin gave $20M as tech billionaires spent $35M ahead of California wealth-tax vote

Google cofounder Sergey Brin was the largest donor in a January filing that showed he and other California billionaires gave a combined $35 million to ballot measure committees ahead of the state's wealth-tax vote, according to a disclosure seen by Business Insider. The disclosure, filed by the coalition

California proposal for one-time 5% tax on billionaires draws strong pushback — Static01.nyt.com

California proposal for one-time 5% tax on billionaires draws strong pushback

California is facing a backlash from its richest residents after a proposed one-time 5 percent tax on the state’s wealthiest prompted some billionaires to move assets or relocate. Google founders Sergey Brin and Larry Page moved assets out of the state, venture capitalist David Sacks opened an office in

Peter Thiel donates $3 million to committee opposing California wealth tax — Static01.nyt.com

Peter Thiel donates $3 million to committee opposing California wealth tax

Peter Thiel donated $3 million on Dec. 29 to Californians Against Higher Taxes, a committee run by the California Business Roundtable that is opposing a proposed California wealth tax, according to a new disclosure. The contribution is the first seven-figure political donation publicly reported so far to fight the so‑