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Explaining California's billionaire tax: The proposals, the backlash and the exodus [Los Angeles Times (CA)]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Los Angeles Times
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The proposed billionaire tax that triggered the tempest is still far from being approved by voters or even making the ballot, but the idea has already sparked backlash from vocal tech moguls — some of whom have already shifted their bases outside the state. Under the Billionaire Tax Act, Californians worth more than $1 billion would pay a one-time 5% tax on their total wealth. The Service Employees International Union-United Healthcare Workers West, the union behind the act, said the measure would raise much-needed money for healthcare, education and food assistance programs. Other unions have piled on billionaires , targeting the rich in Los Angeles. A group of Los Angeles labor unions said Wednesday that it is proposing a ballot measure to raise taxes on companies whose chief executive officers earn 50 times more than their median-paid employees. Here is how this fight could continue to play out in the Golden State: Who would be affected? The California billionaire tax [Read more]
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Stockreport

Explaining California's billionaire tax: The proposals, the backlash and the exodus [Los Angeles Times (CA)]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Los Angeles Times
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The proposed billionaire tax that triggered the tempest is still far from being approved by voters or even making the ballot, but the idea has already sparked backlash from vocal tech moguls — some of whom have already shifted their bases outside the state. Under the Billionaire Tax Act, Californians worth more than $1 billion would pay a one-time 5% tax on their total wealth. The Service Employees International Union-United Healthcare Workers West, the union behind the act, said the measure would raise much-needed money for healthcare, education and food assistance programs. Other unions have piled on billionaires , targeting the rich in Los Angeles. A group of Los Angeles labor unions said Wednesday that it is proposing a ballot measure to raise taxes on companies whose chief executive officers earn 50 times more than their median-paid employees. Here is how this fight could continue to play out in the Golden State: Who would be affected? The California billionaire tax [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
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Price Change %
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%
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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
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Low:
%
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%
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS