According to Gawker, Facebook, who made $1.1B in profit in 2012, is getting a Tax Refund of $429M through accounting tricks in our messed up tax code and will continue to pay no taxes and get huge Tax Refunds for the foreseeable future. One of the founders of Facebook already renounced his citizenship to avoid paying taxes. Whether you use Facebook or not, it is still going to cost you $429 this year out of the Fed Budget. Facebook is too big and important. They had an idea, they got rich, they won. Now we need to Nationalize them.
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