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Tag Archives: Facebook
News that Facebook would be receiving a $429 million tax refund was of course misinterpreted by the general public. The consensus among those who just don’t understand the complete story is that a company as profitable as Facebook should never … Continue reading
The state of California anticipates generating billions in tax revenues from the Facebook IPO which is supposed to take place this Friday morning. The Legislative Analyst’s Office predicts the state will receive some $2.1 billion over the next year from … Continue reading