Facebook's Mark Zuckerberg faces $1 billion tax bill


#1

Facebook’s stock market debut left founder and CEO Mark Zuckerberg with a paper fortune currently valued at $13 billion – and a 2012 tax bill of around $1.1 billion.

Zuckerberg’s whopping tax hit stems from his move last May to increase his stake in Facebook. On the day of Facebook’s initial public offering, Zuckerberg exercised a stock option and purchased 60 million Facebook shares at a “strike price” of 6 cents each.

Facebook’s Mark Zuckerberg faces $1 billion tax bill - Mar. 28, 2013

So what will Obama spend this money on? Himself or give it away in foreign aid to his buddies.


#2

He will probably kick a few more dollars into Lesbian Obesity Studies while He cuts the funding for military hospitals.


#3

[quote=“RET423, post:2, topic:38878”]
He will probably kick a few more dollars into Lesbian Obesity Studies while He cuts the funding for military hospitals.
[/quote]True and fund the study of snail sex