1. Google co-founder Sergey Brin donates more than $100 million opposing California's wealth

Google co-founder Sergey Brin donates more than $100 million opposing California's wealth

World

  • Sergey Brin, cofounder of Google, has donated over $100 million to oppose California's billionaire wealth tax proposal.
  • California proposed a one time 5% tax on the states 200 billionaires. 90% of the funds will be used for the health program.
  • His substantial contribution makes him the largest opponent of the proposed wealth tax.
  • Despite his financial backing, Brin will not vote on the measure as his voter registration now belongs in Nevada.

Source: timesofindia.indiatimes.com

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