Meta to Pay Zuckerberg's CA Wealth Tax

bigwheels 27 points 15 comments October 22, 2026
seekingalpha.com · View on Hacker News

Discussion Highlights (8 comments)

laweijfmvo

can someone please explain how meta is paying the tax for him?

sebmellen

> said shareholders holding a majority of the company’s voting power have approved amendments …doesn’t this mean Zuckerberg himself?

altairprime

This counts as paying the tax, so that’s a win no matter how they shuffled the bill around amongst themselves.

metadat

Previous discussion: Meta strikes deal with Zuckerberg to protect him from California wealth tax https://news.ycombinator.com/item?id=50193581

bayarearefugee

As part of this deal he agreed to stay in California for 8 years. So let's keep taxing that wealth year after year.

treebeard901

How much of a tax would it take to make him move to Texas with the others??

talon8635

How poorly is the law written that it allows for this?

vuldin

It sucks that Zuck doesn't pay the taxes himself, and that Meta did it for him. But this is way less worse than the likely alternative of him not paying any taxes given it current political situation.

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