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Zuckerberg Pushed Meta to Shield Him from California Wealth Tax

Original: Mark Zuckerberg Pushed Meta to Shield Him from California's Proposed Wealth Tax

Mark Zuckerberg personally urged Meta to take steps protecting his fortune from California's proposed wealth tax, according to a New York Times report. The plan, backed by some state lawmakers, would levy an annual tax on billionaires' wealth, and Zuckerberg's lobbying highlights how the state's wealthiest residents are working to blunt or avoid the measure.

Why now: The proposed wealth tax would directly affect California billionaires, and reports of Zuckerberg's intervention draw scrutiny of tech leaders' influence.

Mark ZuckerbergMetaCaliforniaNew York Times

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• Mark Zuckerberg Pushed Meta to Shield Him from California's Proposed Wealth Tax · JKCalhoun · 71

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