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California Proposition 40

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California Proposition 40, newest first

  1. Meta Class C stock performance represented with a technology conference image featuring Meta CEO Mark Zuckerberg.
    Government & Policy

    Meta Class C stock plan could fund Zuckerberg’s California tax

    Meta has approved a new class of nonvoting shares that could help Mark Zuckerberg cover a potential California billionaire tax without surrendering voting control. The restructuring also gives Meta greater flexibility to finance AI investments, acquisitions…

    By Shivangi Yadav3 min read

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