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Khanna Says Zuckerberg Deal Shows Ultra-Rich Will Pay Wealth Tax

Source: Bloomberg

Tax & TariffsElections & Domestic PoliticsRegulation & Legislation

Meta disclosed details of a deal CEO Mark Zuckerberg negotiated to fund a potential payment under California’s proposed wealth tax and remain in the state if the measure passes. Progressive Democrat Ro Khanna criticized opponents of the proposal; the article gives no tax amount or market reaction.

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