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Meta strikes deal with Zuckerberg to protect him from California wealth tax
(www.theguardian.com)
this post was submitted on 22 Oct 2026
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Interesting way to do it
What will these non voting shares be worth though once they go on the market? Will the voting share price go up and these plummet?
I do like this though, because ive always held that i dont like the idea of someone's voting rights being taken away from unrealized gains. This addresses the issue.
Edit: some companies dont have dual classes shares like this and this isnt a option (e.g Tesla) so maybe the government should alter the laws so companies can do this for this purpose? Not sure what that might do though if they weren't set up for it.
Edit: just to nip some potential issue with my unrealized comment. I consider taking loans out against shares realizing them and we should set up a system to tax that. Its a ridiculous loophole at their level, and i bet it would change how they use their wealth.