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Sergey Brin Spends $20 Million on California Political Effort Amid Wealth Tax Debate

Sergey Brin donated $20 million to a new political drive aimed at solving California’s housing crisis, spurring other billionaires to pitch in. Their efforts may also help ward off a wealth tax.

© Michael Tran/Agence France-Presse — Getty Images

Sergey Brin’s group says it is trying to solve problems and help middle-class workers pay for housing in a state where the median home price has surpassed $850,000.
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