Meta’s deal with Zuckerberg to shield him from a potential California wealth tax highlights the intense conflict between state tax policy and billionaire corporate interests.
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Company says deal will keep its chief executive living in California even if state brings in one-off billionaire taxBusiness live – latest updatesMeta has struck a deal with Mark Zuckerberg to protect him from the threat of a California wealth tax targeting billionaires.The social media company behind Facebook, Instagram and WhatsApp revealed on Wednesday night that the arrangement would keep its chief executive living in California, where its headquarters are located. Continue reading...
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