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General Electric Company Message Board

  • rightwingblameso rightwingblameso Feb 15, 2013 3:19 PM Flag

    Corporate Welfare


    Facebook’s income tax refunds stem from the company’s use of a single tax break, the tax deductibility of executive stock options. That tax break reduced Facebook’s federal and state income taxes by $1,033 million in 2012, including refunds of earlier years’ taxes of $451 million.

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