CEO Zuckerberg Will Get $700 Million in Income From Meta's New Dividend—and a Hefty Tax Bill
The new payout will be good news for California and the Federal government.
Source: marketwatch.com
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Mark Zuckerberg to Get $700 Million From Meta Dividend—and a Hefty Tax Bill
Meta initiated a dividend, one that will mean plenty of income for CEO Mark Zukerberg, but also a large tax bill.
Source: marketwatch.com
Baltimore Orioles Sale May Be Among Last With Big Tax Breaks
The pending purchase of the Baltimore Orioles will provide big tax breaks for both the buyer and seller of the baseball team.
Source: forbes.com
Fact check: Biden keeps saying billionaires pay 8 percent in taxes. Not really.
“Look, folks, you know how many billionaires we have in America today? One thousand. You know what their average rate - tax rate - federal tax rate is? Federal tax rate is 8.5 percent. Raise your hand if you’d trade your tax rate for 8.5 percent. I’m serious. Think about this. There’d be $40 billion raised if they even pay 25 percent.” - President Biden, remarks in Raleigh, N.C., Jan. 18Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
Source: yahoo.com