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Mark Zuckerberg’s creative plan to pay California’s proposed billionaire tax without losing control of Meta

A newly launched stock class being offered was partially engineered to help Meta founder and CEO Mark Zuckerberg pay the "billionaire's tax," should the measure be voted into law.

  • Meta introduces Class C common stock to pay California's billionaire tax.
  • Zuckerberg can sell up to 20% of Class C shares without losing voting control.
  • Proposition 40 could generate $100 billion for healthcare and education.

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