Pierre Paulden / Bloomberg : Filing: Meta says Mark Zuckerberg is considering leaving California if it passes a one-time 5% tax on billionaires; voters will decide on the measure next month — Mark Zuckerberg said he is considering leaving California if it passes a measure that would impose a one-time, 5% tax on billionaires.
Filing: Meta says Mark Zuckerberg is considering leaving California if it passes a one-time 5% tax on billionaires; voters will decide on the measure next month (Pierre Paulden/Bloomberg)
In short
Mark Zuckerberg is considering relocating to another state if California enacts a measure that would levy a one-time, 5% tax on billionaires, which is expected to be voted on by California voters next month. This could impact the state's tax revenue and Zuckerberg's future plans.
Key points
- Mark Zuckerberg is considering relocating to another state.: Mark Zuckerberg is considering relocating to another state.
- The tax would be a one-time, 5% levy on billionaires.: The tax would be a one-time, 5% levy on billionaires.
- The tax proposal is expected to be voted on by California voters next month.: The tax proposal is expected to be voted on by California voters next month.