Zuckerberg Threatens California Exit Over Wealth Tax, Meta Restructures Shares
Published 1 d ago2 sourcesEvidence: Reported
Meta's board approved a special compensation deal for CEO Mark Zuckerberg to cover costs if California's proposed billionaire wealth tax takes effect. The tax has not yet been enacted, and Zuckerberg had previously threatened to leave the state. This is a corporate governance response to a pending state-level fiscal policy, signaling potential precedent for other high-net-worth executives.
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