Eastern Bank Has $267.69 Million Position in Alphabet Inc. $GOOGL
Brin’s latest $20 million donation brings his total to $102 million as his group backs competing ballot measures against Proposition 40.
7 Articles
7 Articles
Eastern Bank Has $267.69 Million Position in Alphabet Inc. $GOOGL
Eastern Bank lowered its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 749,066 shares of the information services provider's stock after selling 16,926
Sergey Brin has spent more than $100 million to fight the wealth tax in CaliforniaGoogle co-founder Sergey Brin has increased contributions to $102 million to fight Proposition 40, which provides for a 5% tax for billionaires. His organization Building a Better California funds initiatives to repeal the tax.
Google co-founder Sergey Brin has now spent $100 million to fight the billionaire tax
California's Prop 40, would impose a one-time 5% tax on the net worth of the state's billionaires.
The Alchemy of Wealth Taxation
California’s proposed billionaire wealth tax is being sold to voters as a way to replenish the state’s tax coffers with billions of new dollars. What it actually will do is to end the vital capital investment that has driven California’s economy for decades.
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