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Billionaires Spend Record Sums to Fight California Wealth Tax

Politico Europe · 2026-10-28
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More than 70 current and former California billionaires have poured a record $612 million into state elections, including over $293 million from at least 30 billionaires to defeat Proposition 40, a wealth tax initiative on Tuesday’s ballot. Sergey Brin is the largest opposition donor.

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Source: Politico Europe · via ahirlevel.hu

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