Mark Zuckerberg Stays in California
Mark Zuckerberg is the leader of Meta. He lives in California. There is a new tax for billionaires in the state. Zuckerberg worries about the tax. He makes a deal with Meta. The company gives him new shares. He can sell the shares to pay the tax. He promises to stay in California for eight years.
Mark Zuckerberg is the boss of Meta. He is very rich. He has a lot of money. He lives in California. California has a new tax rule for rich people. This rule is for billionaires. The rule is Proposition 40. It is a big tax. Zuckerberg worries about this tax. He thinks about moving away from California. He talks to his company. Meta makes a deal with him. Meta gives him new shares of stock. These shares are special. He can sell these shares. He uses the money to pay the tax. Zuckerberg promises to stay in California. He stays for eight years. This is good for the company. Meta wants to keep him. The company also wants to use these shares for other things. They use the shares to hire good workers. They use the shares to buy other companies. Zuckerberg keeps his control of the company. He is still the boss. He does not sell his voting shares. The tax is in 2027. If the voters say yes, the tax starts. Zuckerberg pays the tax with the money from the new shares. He is happy to stay. The company is happy too. The deal is important. It keeps the leader in the state. It helps him pay the big bill. California keeps a big taxpayer. Meta keeps its leader. Everyone has a plan. The plan is simple and clear. It works for everyone. The tax is for people with a lot of money. Zuckerberg is one of these people. He is the sixth richest person in the world. He has a lot of money to protect. This deal protects his money. It protects his home in California.
Take a position. Out loud, if you can.
Four ways to start. Pick one and try saying it before you scroll on.
Tip · Record yourself, use in a notebook, or practice with a language partner.
Who is Mark Zuckerberg?
Present Simple for facts
Using the present simple to state facts about people and places.
“Mark Zuckerberg is the boss of Meta.”
What to know · A1
Try saying this aloud
Scenario: Talking about your job or boss
- 01“He is the boss.”
- 02“I work at a company.”
- 03“The deal is good.”
Register tip · informal
🔑Key Phrases
Introduces the main person and his role.
She is the boss of the shop.
Describes duration.
She stays for two days.
💬Discussion Questions
Open-ended questions to talk or write about — alone, with a partner, or in class.
- 1
Is it good to have a lot of money?
Opinion - 2
Do you like to live in your city?
Personal - 3
Is it easy to pay taxes?
Opinion - 4
Does a boss need to be rich?
Evaluate - 5
What do you do when you worry?
Personal - 6
Is California a good place to live?
Opinion - 7
Do you want to own a company?
Personal - 8
Is eight years a long time?
Evaluate
News sourced from: Fox Business →. LectoPress rewrites the facts as original graded-reader text for language learners.
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