The 5% wealth tax on billionaires is just a tad too far for Mr. Brin. Taxing billionaires is when you know you've really hit full communism and it's time to get out.
Everything else - high general taxes, massive government, crime, racism, violence, death, DEI, incompetence, mass delusion, homelessness, moral and social depravity, hate, rage - was OK.
Everything else - high general taxes, massive government, crime, racism, violence, death, DEI, incompetence, mass delusion, homelessness, moral and social depravity, hate, rage - was OK.
Quote:
California One-Time Wealth Tax initiative has already gathered more than enough signatures (over 1.51.6 million submitted, nearly double the ~875,000 required) to qualify.
...
is scheduled to be voted on by California voters on November 3, 2026, as part of the state's general election ballot.
Sergey Brin, founder of Google, on the California wealth tax making the ballot:
— Geiger Capital (@Geiger_Capital) April 27, 2026
"I fled socialism with my family in 1979 and know the devastating, oppressive society it created in the Soviet Union. I don’t want California to end up in the same place."
He has now fled California pic.twitter.com/VMXepREniH