USSTOCK.TODAY
Regular Market
Log in Sign up

Sergey Brin's donations contribute to blocking California billionaire tax

Fortune · ·by G4L

WMT Walmart Inc
$125.55 -0.09%
View chart & analysis →
  1. 1California voters rejected a one-time tax on billionaires last week.
  2. 2The political committee that received $102 million in donations from Sergey Brin is Building a Better California.
  3. 3As of November 10, Proposition 42 recorded 51.6% of the vote with 83% of ballots counted as of November 10.

So what's the key point?

Citizens rejected a bill that would have taxed wealthy people in California. Money donated by Sergey Brin was used to stop this bill.

Source Fortune · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →