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More fun than Farmville!

February 06, 2012

Anthony Nitti discusses how the Facebook IPO could be a windfall for California's tattered state budget, while Martin Sullivan at Tax.com complains that Facebook Founder Mark Zuckerberg isn't paying taxes at a high enough rate to suit Martin Sullivan because he isn't paying taxes on unrealized gains. Fine -- we should tax unrealized gains as soon as we can deduct unrealized losses and future expenses.

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