tag:blogger.com,1999:blog-354743628679844130.post5195490275308738502..comments2024-02-17T00:21:19.135-05:00Comments on Thought Ambience: What's Wrong With This Picture?gibsonmeigshttp://www.blogger.com/profile/16094122509371844728noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-354743628679844130.post-68169833152320941242013-02-21T21:15:18.711-05:002013-02-21T21:15:18.711-05:00Wow: "Under current tax law, exercise of all ...Wow: "Under current tax law, exercise of all of the [stock] options will<br />generate $7.5 billion in tax deductions for Facebook, which<br />will produce $3 billion in federal and state tax reductions for<br />the company." That's just... insane. Thanks for sharing.<br /><br />I agree with what Senator Levin told the <i>New York Times</i>, “Facebook<br />may not pay any corporate income taxes on its profits for a<br />generation. When profitable corporations can use the stock<br />option tax deduction to pay zero corporate income taxes for<br />years on end, average taxpayers are forced to pick up the tax<br />burden. It isn't right, and we can’t afford it.”gibsonmeigshttps://www.blogger.com/profile/16094122509371844728noreply@blogger.comtag:blogger.com,1999:blog-354743628679844130.post-72828642547564836452013-02-17T19:42:59.529-05:002013-02-17T19:42:59.529-05:00Here's the explanation:
http://www.ctj.org/pd...Here's the explanation:<br /><br />http://www.ctj.org/pdf/FacebookReport.pdf<br />Joelnoreply@blogger.com