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California voters turn against the billionaire tax as a new poll finds 52.6% oppose the 5% wealth levy

California voters turn against the billionaire tax as a new poll finds 52.6% oppose the 5% wealth levy

Google co-founder Sergey Brin has poured more than $100 million into fighting Proposition 40, which could otherwise cost him an estimated $13.3 billion. Only 34.5% of voters back the one-off levy, which aims to raise $100bn for healthcare. Pollster John McLaughlin said voters 'just don't trust Sacramento politicians' on taxes. A poll last week had the measure narrowly ahead.

Brin has just handed a further $20 million to the anti-tax group Build a Better California.

One billionaire said the measure made him feel 'a little bit like I wasn't wanted'.

The pro-tax campaign cheered Mark Zuckerberg's deal to stay in California.

MoreNY PostExclusive | Majority of California voters oppose billionaire tax, new poll showsBBC NewsAre California voters about to impose 'world's first' tax on billionaires?Financial TimesMark Zuckerberg’s deal to stay in California cheered by wealth tax campaign
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