Your email has been successfully added to our mailing list.

×
0.000444677370686189 0.000889354741372378 -0.00150078612606611 -0.00166754014007348 -0.000111169342671638 0.00220782314545704 0.000397033366684136 0.000968761414709314
Stock impact report

Bill Ackman slams California wealth tax as ‘expropriation' of private property [FOX Business Network]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
wealth tax as a potential government seizure of private property, arguing such taxes have failed everywhere they have been tried. Ackman, who is not a California resident, took to X earlier this week to criticize the proposal which, if approved by voters, would impose a one-time 5% tax on the assets of California residents worth more than $1 billion. "I am opposed to wealth taxes because they effectively represent an expropriation of private property and have many unintended and negative consequences that have occurred in every country that has launched such a tax," Ackman said in the post. The proposal comes as California faces a projected $18 billion deficit for fiscal year 2026-27, according to the state's Legislative Analyst's Office. "With respect to California's budget problem, the issue is not a lack of tax revenues. The problem is how the money is being spent," Ackman wrote. Days earlier, Ackman said that "California is on a path to self-destruction" amid news that s Show less Read more
Impact Snapshot
Event Time:
GOOG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GOOG alerts
Opt-in for
GOOG alerts

from News Quantified
Opt-in for
GOOG alerts

from News Quantified