Google co-founder Sergey Brin relocated to Nevada before California's wealth tax cutoff, then spent $58M on ballot measures through "Building a Better California" to influence policy in a state where he no longer lives or pays taxes. The initiative system created to limit corporate political influence now serves as a tool for remote governance by concentrated wealth.

#WealthTax #CaliforniaPolitics #CorporateInfluence

https://www.implicator.ai/opinion-brin-left-california-then-he-annexed-it/

Google co-founder Sergey Brin moved to a $42M Nevada mansion before California's wealth tax cutoff, then spent $58M through "Building a Better California" to influence state politics from outside. The pattern echoes early 1900s concerns about external control over state governance - when concentrated wealth drafts elections rather than just influencing them.

#CaliforniaPolitics #WealthTax #CorporateInfluence

https://www.implicator.ai/opinion-brin-left-california-then-he-annexed-it-2/

I saw a meme post on Facebook suggesting that no one earns a billion dollars except by wage theft, that no one works a billion times harder than other hardworking people who make ordinary wages. That seems a fair claim. I wrote this next paragraph in response, kind of as a spur of the moment thought, but it's something I want to spend more time thinking about:

I used to think that one solution to this was the practice of asking CEOs to not make more than some fixed multiple of their lowest-paid employee. But now I see the goal is to not employ anyone either. A lot of the benefits for corporations are justified on the idea that they employ people, so helping them helps people. Now that this assumption is on a path to being increasingly violated, we need to reconsider our special treatment of corporations as well.

#ai #corporations #billionaires #NoBilliionaires #LateStageCapitalism #ShareholderCapitalism #RegulatoryCapture #society #ethics #unemployment #automation #law #CapitalGains #CapitalGainsTax #WealthTax #inequality #fascism #feudalism #oligarchy

3,100 people have more than $18 trillion.

Isn't the answer obvious? #TaxTheRich

#WealthTax

Number of billionaires globally could reach 4,000 in next five years
https://www.theguardian.com/news/2026/apr/23/billionaires-super-rich-global-wealth-gap-economy

Another great take on why decision makers fail to recognize large systemic issues like inequality. #taxwealthnotwork #wealthtax #inequality

https://youtu.be/Nm_L9VCBJ_E?is=Cd0ErNYqZRwbt0dK

“When we starve the state, we don’t liberate the individual, we raise the cost of living”...."Concentrated wealth is dangerous to our #democracy". https://www.policyalternatives.ca/news-research/extreme-wealth-time-to-change-the-rules-of-the-game/

#cdnpoli #inequality #wealthtax