Meta secured a deal to keep Zuckerberg in California, ensuring the company avoids the operational and financial disruption of its CEO relocating to escape a proposed state wealth tax.
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Chief executive agrees to remain in California for eight years even if state brings in one-off 5% wealth taxMeta has struck a deal with Mark Zuckerberg to help him foot a possible 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 Meta’s headquarters are located. Continue reading...
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