Google Billionaire Sergey Brin Compares California Wealth Tax To Soviet Union Socialism
Billionaires worth a combined $1 trillion, including Brin, have fled California as a wealth tax inches closer to the ballot.
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BreakingBusinessGoogle Billionaire Sergey Brin Compares California Wealth Tax To Soviet Union SocialismByMary Whitfill Roeloffs,Forbes Staff. Mary Roeloffs is a Forbes breaking news reporter covering pop culture.Follow AuthorApr 28, 2026, 10:55am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineBillionaire Google co-founder and ex-California resident Sergey Brin has said he’s adamantly opposed to a proposed one-time, 5% tax on the wealth of California residents (and has spent $57 million to fight it) because he fears it will lead the state down a similar socialist path as that of the former Soviet Union, which his family fled when he was 6 years old.
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