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Billionaire Sergey Brin's $102m Backs Wealth Tax Ban

Summary by Billionaires.Africa
Google co-founder Sergey Brin's $102 million also bankrolled Proposition 42, which would bar new California taxes on stocks and business stakes and leads in counting.

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FortuneFortune
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Sergey Brin’s $102 million helped sink California’s billionaire tax and may block the next one

Proposition 42, bankrolled largely by Sergey Brin, bars new state taxes on stocks, business stakes and other assets. Critics say it could reach capital gains.

·New York, United States
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Billionaires.AfricaBillionaires.Africa

Billionaire Sergey Brin's $102m backs wealth tax ban

Google co-founder Sergey Brin's $102 million also bankrolled Proposition 42, which would bar new California taxes on stocks and business stakes and leads in counting.

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Fortune broke the news in New York, United States on Wednesday, November 11, 2026.
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