Facebook to receive tax refund

No,"Gingee", it is Obama haters such as yourself who lie.

http://www.businessinsider.com...me-tax-refund-2013-2

What lie did I tell Ono?

Uh, Gingee, the best advice to you is, "Back off."  Your amateurish attempt to taint the Obama administration as somehow facilitating  an alleged enormous tax advantage for Facebook has been exposed for the rank silliness it is.  Thanks to O No! for providing the TRUTH about this matter.

Does anyone really think the Obama administration gets to pick and choose how much anyone gets back on their income taxes? I am not a fan, but this ranks up there with implanting chips in our brains.

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Gingee apparently does, but that is a product of Gingee's unremitting and adamantine hostility to the President of the United States.  Derangement and obsession do not engender objectivity.

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Hatred , jealousy , and bigotry cloud the thinking, and will eventually cause a person to become mentally unstable, 

I am hoping Gingee is not to that point yet 

http://www.businessweek.com/ar...ion-dollar-tax-break

One article from businessweek and the other businessinsider reporting on apparently the same thing yet being seen in totally different ways.  Each administration and party grants it's supporters benefits and that's just a fact.  Facebook is getting these credits on

It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deductionfor the cost of executive stock options and share awards.

Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probably pay zero federal and state taxes—and even receive a federal tax refund of about $429 million—according to a Feb. 14 statement from Citizens for Tax Justice.

For those that don't know stock options are where a company rewards it's management by allowing them to buy shares at a much lower price than it sells for on the open market then allowing them to turn around and sell them for the open market price thereby earning them great sums from the differential in the prices from cost to selling price.  Stock awards are just that, awards or gifts of shares to a specific employee or usually management instead of salary or wages.

It is on these two areas that Facebook is getting the ability to take writeoffs so essentially, as I see it, facebook is getting to take a tax break for paying their management who are favorable to the party in power so one hand scratching the back of another.  Republicans do it as the Democrats are doing it right now.  While I'm sure to each side it's egregious the real problem is when one side fails to realize that the other side does it.  Neither side should be able to do it when everyone or the public is hurting as bad as we are and having to pay higher taxes to atone for the abuses of government by our politicians but then they have the power and set the rules.   

Well said. Some people have so much hatred for Obama that they'll try and pin any and everything on him. It just makes them look desperate though. I think it's funny. 

I am saying that president Obama has trashed the top 1 percent and now when a cooperation profits over a billion dollars they get a refund of 429,000 dollars after contributing over 100,000 dollars to the Obama campaign. That is not a lie. You liberals love to take what someone says and twist it to what you want it to say. I said what I said and I don't need you to rewrite my comment. Obama has lied to the American people by saying he would not raise taxes in any form on the middle class, well he sure has raised mine, "HE LIED". He said he was for traditional marriage and then right before the last election he "EVOLVED"  which is another word for "HE LIED". He said he would close Guantanamo again he "LIED". He has lied throughout his campaign and you know it. He is for the things you liberals believe in and that is what you worship about him. You don't care what he lies about as long as he carries your liberal tourch. You're telling me to get a life? I have a life and people like you better be thankful there are people like me who don't just fall in line behind someone or something just because it is the "POPULAR" thing to do. You are either naive or your "ANYBODY'S DOG THAT WILL PET YOU". You say I have posted only negative things on this forum. Maybe it has something to do with people like yourself posting the things you do. Have you ever thought about that? At least I stand for something. You don't stand for anything. You turn your life over to an idealogical party of people and completely trust anything and everything they tell you. Tell me ONO do you believe in abortion? Do you believe in gay marriage or a gay lifestyle? If you are a Christian please step up and say that these things are wrong. You speak with a forked tounge yourself. I think you need to get away from some of the anti-Christs on this forum and try to come to grips with what you really do believe.

I don't back off. As long as there are people like you left wing liberals trying to ram you ways and opinions down somebodys throat I will be right here. You have never questioned anything Obama has done. You left wing liberals don't care about the truth, you hate the truth. You want to see your agenda advanced no matter what it takes. Your the one that needs to back off.

Gingee,

Liberals will lie, cheat, steal, commit fraud, and deny it to the end of time. Their buddies get the tax breaks and the working man pays. It’s just the way it is.

"Gingee", I know what the Bible says, and if you are questioning my faith because of my politics, YOU are the one who needs to delve more deeply into the word of God - and without the influence of your deranged grandpa. He WILL lead you down the wrong path.

I will pray that you get away from the untruths you have had drilled into your head all of your life and start letting the Holy Spirit guide you instead of blindly following the misinformation you have grown up with. Please, "Gingee", before it's too late, you need to learn to think for yourself, and TRULY give your life over to God, NOT to your grandfather's warped idea of what God is.

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right, because the party of the working man is the republican party.

I have gave my life to God. I have a problem with people who say they are Christians that believe homosexuality and abortion are ok with God. If I am wrong on this show me where I am wrong.

Judge not, lest ye be judged. Stop complaining about the specks in other people's eyes when there is a beam in you own.

We are ALL sinners, and if we haven't overcome our OWN sins, how can we judge the sins of others? As a Christian, I am too busy keeping my eye on the path He has chosen for me, to be looking around to see (and judge) other people's paths. I pray for them (as I do for you) that they will someday walk in His light, but as life is an ongoing process, I will not judge them. That is God's job, not mine.