Articles Tagged 'tax break'

Facebook Gets a Multibillion-Dollar Tax Break

by
February 17, 2013
It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards. Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probably pay zero federal and state taxes—and even receive a federal tax refund of… READ MORE
Barack Obama

Obama: ‘Nothing can be off-limits’ in budget

by
July 2, 2011
By Erica Werner-Associated Press WASHINGTON (AP) — President Barack Obama said Saturday that “nothing can be off-limits” in the budget debate — even though Republicans… READ MORE

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