As state voters turn against Silicon Valley, a proposed levy on the super-rich has already made exiles of Google’s founders and more may follow
s shoppers pushed their trolleys out through the supermarket doors, Napoleon Alexander — sat at a folding table strategically placed to catch people coming and going — turned on his 1,000-watt smile. “Do you have a quick second to sign a new petition we’ve got?” he asked one and all.
Most people demurred, scuttling off to their cars. Some stopped to hear his pitch. Relatively few bought it. “It’s about 50:50, brother. It’s weird,” Alexander explained. “I would think more people would be into it, but more seem to be against it. A lot of it, I guess, depends on the way you view the world.”
Alexander has been pulled in as a foot soldier in a domestic political fight with potentially global implications. The California Billionaire Tax Act, proposed by a clutch of labour groups led by the Service Employees International Union (SEIU), would levy a one-time 5 per cent tax on the wealth of the state’s 200 or so billionaires. Between them they hold an estimated $2 trillion (£1.5 trillion).
To get the act on to a November ballot during America’s mid-term elections, the unions must gather 875,000 signatures of registered California voters by June 24. If they fail to reach that threshold, the proposition dies.
The SEIU, the state’s largest public sector union with nearly 100,000 members, has positioned the tax as a sensible way for the richest to “step up” and prevent a “healthcare collapse” after Donald Trump pulled $100 billion in federal funding.
Click Here to Subscribe to the California Political Review
Larry Page and Sergey Brin, the Google co-founders who between them are worth half a trillion dollars, redomiciled dozens of their companies — not Alphabet, Google’s parent — away from California, where they built their tech empires, in the last days of 2025; they bought compounds in Florida and Nevada, respectively. David Sacks, the billionaire tech investor and AI tsar for the Trump administration, left California and moved to Austin, Texas, in December.













