196
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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The news isn't great that voters are polling against it. This class of ultra-wealthy, including Zuckerberg got their gains not through actually providing value to the economy, but through financialization, a subcategory of rent-seeking.
In the end, we need to extract all the wealth from the plutocratic class, according to Paul Krugman. Billionaires are a catastrophic existential risk to all of humanity.
And Zuckerberg already anticipates this considering he has an apocalypse shelter.