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Californians reject Prop 40, the billionaire tax tech elites spent millions trying to stop

Sergey Brin, seen here attending a tech summit with other founders and CEOs, was one of the billionaires who poured mill...

Californians reject Prop 40, the billionaire tax tech elites spent millions trying to stop
Source: Business Insider - Business

Sergey Brin, seen here attending a tech summit with other founders and CEOs, was one of the billionaires who poured millions into a campaign opposing the 5% wealth tax. Kent NISHIMURA / AFP via Getty Images California has voted against a one-time 5% tax on its billionaires. The controversial measure saw the tech elite pour hundreds of millions into an...

SOURCE: Business Insider - Business
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