Sergey Brin donates $82M to fight California's proposed billionaire wealth tax

California voters will decide this November on a proposed 5% wealth tax targeting billionaires. Google co-founder Sergey Brin has contributed $82 million to lead opposition efforts funded by prominent tech figures. Reports indicate wealthy individuals are already moving assets out of California in anticipation of the measure. Supporters of the tax argue it would generate revenue for essential public services and help address economic inequality. The campaign has drawn significant spending from both sides, making it one of the most high-profile ballot battles in the state.