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Tech & Innovation·July 20, 2026·1 min read

Billionaire-backed Building A Better California reserves $87M in TV ad time to oppose California's proposed one-time wealth tax; Sergey Brin put $82M into BABC

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An $87M ad buy against a one‑time wealth tax shows how aggressively capital will defend tax regimes in key tech hubs. For founders and funds anchored in California, policy risk is now a board‑level topic, not a background assumption.