California's budget could take a hit if Facebook's stock price keeps sliding.
Gov.
Jerry Brown previously estimated the state would generate between $1.4
billion and $1.9 billion over the next 13 months from taxes related to
sales of Facebook stock. The estimate was based on a price of $35 a
share.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
5 comments:
That's called "Don't count your chickens till they hatch".
They can sue FB for tax evasion.....
Would not expect anything different from Gov. Jerry Brown.
They can sue all the white collar scamers who tricked people into buying the stock.
Like many things, facebook will become an old habit people will break once they are tired of it
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