00:00A deal involving Meta CEO Mark Zuckerberg is adding fuel to California's explosive debate
00:06over taxing the ultra-wealthy. The discussion comes as the state weighs a proposed
00:11one-time tax on billionaires' fortunes, much of which is tied up in company shares rather than
00:17cash. Zuckerberg's financial arrangements could help him manage a potential tax bill
00:22while preserving his control of Meta. The controversy puts a bigger question front and
00:26center. Can California tax extreme wealth without driving away the tech titans who help power its
00:32economy?
