Jensen Huang says he is "not afraid of paying taxes" on $8B tax liability

California voters will decide in November on Proposition 40, a proposed one-time 5% tax on the state’s billionaires, with 90% of proceeds directed to health care. Meta said in a securities filing tied to its earnings that it would offer a new class of nonvoting shares and a one-time share increase for existing shareholders, partly to encourage Mark Zuckerberg to remain in California and to let him sell stock without sharply reducing his control if the measure passes. The filing said his voting power, now above 60%, could fall to roughly 53% or less if he sold a large stake to cover taxes. Nvidia CEO Jensen Huang told CBS News on Sunday that he accepts a potential $8 billion tax liability.