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Tech’s biggest names sunk a tax on billionaires’ wealth with $425m and a familiar playbook

California saw the most expensive opposition campaign in its history as funding of political campaigns broke records in the US midterms In the hours after polls closed on election day, tech industry players began…

1 report1 sourceNov 10, 2026, 1:19 PM
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The GuardianNov 10, 2026, 1:19 PM

Tech’s biggest names sunk a tax on billionaires’ wealth with $425m and a familiar playbook

California saw the most expensive opposition campaign in its history as funding of political campaigns broke records in the US midterms In the hours after polls closed on election day, tech industry players began praising Sergey Brin, the co-founder of Google, on social media. “Huge thanks to Sergey Brin here,” wrote Garry Tan, the CEO of Y Combinator. Venture capitalist Ilya Sukhar posted : “God bless Sergey Brin.” And David Marcus, a crypto entrepreneur, simply wrote : “Hero.” Continue reading...

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