Oct 22, 2026Business Technology120 words1 min read

Meta Makes Deal to Help Zuckerberg Pay Possible Wealth Tax

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Meta is the company that owns Facebook, Instagram, and WhatsApp.

Meta has made a deal with its boss, Mark Zuckerberg.

California may start a new wealth tax. This tax is only for very rich people, called billionaires.

The tax would take 5% of their money, one time only.

Meta said this news on Wednesday night.

In the deal, Meta will help Zuckerberg pay the tax money.

Zuckerberg will agree to stay in California for eight years.

He must stay even if the new tax starts.

Many rich people do not want to pay this kind of tax.

Some rich people leave a place to stop paying new taxes.

This deal will keep Zuckerberg and his company in California.

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1. What does Meta own?

2. How long will Zuckerberg stay in California, under the deal?

3. True or false: The possible tax would take 5% of billionaires' money one time.

1. Facebook, Instagram, and WhatsApp 2. Eight years 3. True

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Play the audio again and fill in the missing words as you listen.

Meta is the company that owns Facebook, Instagram, and _____.

Meta has made a _____ with its boss, Mark Zuckerberg.

California may start a new _____. This tax is only for very rich people, called _____.

The tax would take _____% of their money, one time only.

Meta said this news on _____ night.

In the deal, Meta will help Zuckerberg pay the tax _____.

Zuckerberg will agree to stay in California for _____ years.

He must stay even if the new tax _____.

This deal will keep Zuckerberg and his company in _____.

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