Google co-founder rips California billionaire tax: 'I fled socialism'
Brin is among billionaires who relocated out of the Golden State to avoid the proposed one-time 5% wealth tax
By News on the Net -- Fox Business & Exec Sum (@exec_sum)—— Bio and Archives--April 28, 2026
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Google co-founder Sergey Brin slammed the proposed billionaire tax in California, likening it to the socialism that he fled with his family from the former Soviet Union.
Brin is one of the billionaires who relocated out of the Golden State to avoid the potential wealth tax that's expected to appear on California voters' ballots this fall. The proposal would impose a one-time 5% tax on residents whose net worth exceeds $1 billion.
Google co-founder Sergey Brin is coming out as Republican, per NYT
— Exec Sum (@exec_sum) April 28, 2026
The reporting follows Brin's ambitious efforts to kill the California wealth tax, elect a Republican to California governor, and move his residency out of California.
He finally expressed his sentiment in a… pic.twitter.com/CCQRB68R7A
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