A Google founder has more than doubled his financial contribution to the fight against a proposed wealth tax in California. New filings with the state show that former Alphabet president Sergey Brin donated $25m to a Super Pac dedicated to blocking the tax on top of $20m he had already given.
Brin is not alone among Google’s top brass in upping his financial stake in the campaign against the ballot proposal. The company’s former CEO Eric Schmidt donated $1.02m, adding to a previous $2m contribution.
The tech titans are battling the California Billionaire Tax act, often referred to simply as the billionaire tax. It’s a proposed ballot measure that would require any California resident worth more than $1bn to pay a one-off, 5% tax on their assets to help cover education, food assistance and healthcare programs in the state. It’s sponsored by the Service Employees International Union-United Healthcare Workers West, and is still in the signature-gathering phase.
If the measure reaches the ballot and gains voters’ approval, the tax would apply to billionaires based on their residency as of 1 January 2026. For Brin, worth about $247bn, the bill would likely be upwards of $12bn. That stipulation appears to have caused him and several other billionaires to leave California at the end of last year. Brin relocated to a $42m estate on the north-eastern shore of Lake Tahoe in Nevada, and his Pac donations show Reno as his address. Schmidt’s filings show his address as West Hollywood.
All these donations prove they can afford to fucking pay more tax and should shut the fuck up.
“Don’t be evil”
Hmm, I wonder if too much money ruins people’s brains, just like doing too much drugs? Or if they are born cunts and liars and then when they become billionaires they stop hiding that.
they should live in texas or florida then.
These people own the government. You can’t beat them with politics. They’re not going to be brought to heel until they are made to be actively afraid of the working class.
A jackass with more money than they can enjoy in life, spending it on making the lives of others more miserable. Classy.
Wexner straight up said he’s Epstein’s boy…fuckin get some rope and find a free for this baby eater.
Sad thing is that 45M is probably just chump change to him
“Don’t be evil”.
smells like somebody doesn’t want to pay his fair share
And his fair share must be more than $45M or he’d just pay the fucking tax…
His spending 45 million is the equivalent of someone with a net worth of 500,000 spending 75 dollars. It’s nothing to him.
Also want to point out that Anne Wojcicki is founder of 23andMe.
Boo! Hiss!
Pay $45m. Trying to not be taxed…
If the tax passes he’d owe $12b. Subtract $45m from $12b and you’d still have $11,955 million remaining, which rounds to $12b.
45 milly to not pay 12 billy seems reasonable.
That’s nothing to them, it’s about the money in the long run.
Imagine how ridiculous the taxes have to be for $45M to be preferable
Edit: Was more of a comment on the inconceivable amount of money these fucks must be getting paid for 45 mil to be a drop in the bucket. Please don’t mistake my disgust for their tax amount as a justification for their actions. Imagine how much good that money could do. Instead it sits in the pockets of the top 0.01% while the only money they pay is to other corrupt fucks who keep them from paying more. The whole idea would be laughable for its logic if it wasn’t so damn cruel in action.
*
ridiculousproportionateWhen you have an unfathomable amount of money, your taxes look pretty wild whatever they are.
Ridiculous? I consider it my civic duty to pay tax. I’m happy paying tax. I just with that those with the broadest shoulders would pay the same % as I do.
Does anybody need to be worth $247B? Is a fucking sickness is what it is. I literally can’t fathom it. I’m 42 give me £500k right now and I quit work and just go enjoy what’s left of my life.
You think these people don’t have enough money?
tbf, it’s staple of the grifter kickback scheme. money is bullshit, in the higher circles you basically just move your $ pile around inbetween a group of trusted like-minded individuals to minimize tax burden.
Imagine being so rich that, not only could you drop $45M without even thinking about it, and not only could you just move to a new $42M house without thinking about it, but you would still be worth $235 BILLION after losing 12 billion dollars… and being angry!
The amount of money here is absurd. $45m is 0.02% of his net worth.
Say you’re a successful doctor and have a net worth of $1m. If you wanted to spend 0.02% of your net worth on something it would be $200.
Billionaires should not be allowed to exist, period!!
Hence the taxes
The fact that he’s both willing and able to do this, is the one single biggest argument in favour of abolishing billionaires.
