Sergey Brin’s huge spending spree to defeat the billionaire tax

Google co-founder Sergey Brin, who once called government a “giant bonfire of partisanship” and spent years on the political sidelines, has emerged as a force in the midterms — and it could signal more to come from the centibillionaire.  This year alone, Brin spent an unprecedented $100 million — about 40 times what he put into politics in the previous two decades — to try to defeat a proposed tax on California billionaires that has become a top priority for many in Silicon Valley. Plus, Today is the last day to respond to a call for public comment from Commodity Futures Trading Commission Chair Michael Selig on a possible framework for futures contracts for compute — akin to how farmers use financial markets to hedge swings in crop prices For more news and analysis, subscribe to the Decoded newsletter: politico.com/decoded Learn more about your ad choices. Visit megaphone.fm/adchoices