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#FacebookIPO uses a tax loophole to avoid paying $16 billion in taxes. How? By reporting to investors that they are a highly profitable business, while telling the IRS that instead they are losing billions.
U.S. Senator Carl Levin isn’t necessarily the man you’d look to for the latest news about Facebook. The 77-year old was described by Time magazine as “pudgy, balding and occasionally rumpled, and he c...
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