“The Institute on Taxation and Economic Policy reports these large companies like Facebook pay their executives in stock options instead of cash which doesn’t cost the company a dime yet they can write it off as an expense. So Facebook profited more than a billion dollars in 2012 and since they’re not paying, it could cost us. But not only did the company get away with paying nothing in 2013, it also got a 429-million dollar tax rebate.”
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Mentioned Locations
Tennessee