{"id":1048178,"date":"2026-11-09T11:41:53","date_gmt":"2026-11-09T06:11:53","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1048178"},"modified":"2026-11-09T11:41:53","modified_gmt":"2026-11-09T06:11:53","slug":"california-shuts-door-on-the-billionaire-wealth-tax-for-which-google-co-founder-sergey-brin-spent-millions-but-voters-in-two-ai-capitals-wanted-it","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/09\/california-shuts-door-on-the-billionaire-wealth-tax-for-which-google-co-founder-sergey-brin-spent-millions-but-voters-in-two-ai-capitals-wanted-it\/","title":{"rendered":"California shuts door on the billionaire wealth tax for which Google co-founder Sergey Brin spent millions but voters in two \u2018AI capitals\u2019 wanted it"},"content":{"rendered":"<p>California\u2019s high-stakes, controversial billionaire wealth tax proposal is defeated. Statewide, voters are rejecting Proposition 40 by a 55% to 45% margin. The outcome delivers a major victory to Silicon Valley\u2019s wealthiest residents, including Sergey Brin, and business interests, who poured hundreds of millions of dollars into stopping the measure \u2013 even as voters in two of the state\u2019s biggest cities backed it.<\/p>\n<p>Silicon Valley splits over the 5% tax<\/p>\n","protected":false},"excerpt":{"rendered":"<p>California\u2019s high-stakes, controversial billionaire wealth tax proposal is defeated. Statewide, voters are rejecting Proposition 40 by a 55% to 45% margin. The outcome delivers a major victory to Silicon Valley\u2019s wealthiest residents, including Sergey Brin, and business interests, who poured hundreds of millions of dollars into stopping the measure \u2013 even as voters in two of the state\u2019s biggest cities backed it. Silicon Valley splits over the 5% tax<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-1048178","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1048178"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048178\/revisions"}],"predecessor-version":[{"id":1048180,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1048178\/revisions\/1048180"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1048178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1048178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1048178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}