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.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.