Meta board reaches deal with Zuckerberg over tax concerns
By The BriefBrief
Meta’s board struck a deal with Mark Zuckerberg that quelled his concerns about a proposed California billionaire tax. Zuckerberg worried the tax, if approved, could reduce his control over Meta; separate reporting says the deal would help him pay the tax if it passes.
WHO:Meta’s board and Mark Zuckerberg
WHAT:Meta’s board struck a deal with Zuckerberg concerning a proposed California billionaire tax.
WHEN:Reported Oct 22, 2026 at 4:44 PM ET
WHERE:California, USA
WHY:The deal addressed Zuckerberg’s concern that the proposed tax could reduce his control over Meta and, according to separate reporting, would help him pay it if passed.
How this story developed (showing 4 of 4 earlier reports)
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