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obama's buddy pays no taxes

hypocritexposer

Well-known member
crony capitalism...

"In February 2013 it was revealed that Facebook paid no income taxes for 2012. As reported by CNN, among other places, the social network was due a tax refund of almost 430 million bucks. Now, this is a company that made one billion before taxes (which buys approximately 50 million hoodies for Mark Zuckerberg). But they were able to secure the refund because of a tax deduction from stock options issued to Facebook employees.

I won’t pretend to understand how this works (as an English major, I have no discernible skills other than spelling discernible correctly), but I know this: that because this company happened to be Facebook, the story was a one-day affair. It came and went like an ice cream headache, leaving neither a bruise nor a hickey on the Zuckerberg Empire. If this company were something that actually made something in a factory or field, it would be roundly condemned by every single media hack on the planet.”

http://www.americanthinker.com/blog/2014/03/why_the_hipster_elite_isnt_cool.html
 
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