Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) board member and Google co-founder Sergey Brin, who is also a former resident of California, has warned that the state risks becoming a socialist system like the Soviet Union, as he escalates a $57 million campaign against the proposed billionaire tax.
From Soviet Refugee To Billionaire Combatant
“I fled socialism with my family in 1979 and know the devastating, oppressive society it created in the Soviet Union,” Brin said in a rare statement to The New York Times. “I don’t want California to end up in the same place.”
Once a Democratic donor who backed former President Barack Obama, Brin relocated to Nevada before the Dec. 31 deadline to avoid the proposed tax, following fellow Google co-founder Larry Page, who also left California ahead of the same deadline.
He has since personally contributed $57 million to Building a Better California, a nonprofit targeting “any and all new taxes …
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