Zuckerberg Reportedly Pushed Meta to Restructure Stock to Ease a Proposed California Wealth Tax

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Meta CEO Mark Zuckerberg reportedly told the company's board that he planned to put his Silicon Valley home up for sale. Meta then reworked its stock structure in a way intended to help him cover a potential tax if California voters approve a proposed wealth tax. The article frames these moves as efforts to shield Zuckerberg from the impact of the measure. The details come from the New York Times' reporting on the matter. The proposal has not yet been decided by voters.

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