Wednesday, February 29, 2012

Facebook's IPO Could Net California Up To $2.5 Billion In Tax Revenue [Facebook Ipo]

According to California's Legislative Analyst's Office, Facebook going public could be very good to more than just investors and longtime employees. Their estimates have the IPO netting the state in the neighborhood of $2.45 billion from income taxes. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/-bEZVGi-9zY/facebooks-ipo-could-net-california-up-to-25-billion-in-tax-revenue

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