Sergey Brin has now spent $100M to fight the billionaire tax
techcrunch.com
techcrunch.com
https://www.propublica.org/article/the-secret-irs-files-trov...
If we want more tax dollars, eliminate QSBS stacking that allows $750m in cap gains tax free, charge a tax on loans against assets like stocks, get rid of the carried interest loophole, end the step-up on assets distributed via inheritances, fix the corporate tax strategies that the NY Times documented https://www.nytimes.com/2026/05/29/business/economy/offshore...
But even better, would be to fix the spending & fraud problems and implement Milei style reforms that stop government salaries for elected officials for deficit spending...
One time wealth tax on unrealized gains in a state that has already high taxes is weird.