Tell Congress you are tired of paying for Mark Zuckerberg's stuff
Despite Facebook reporting profits of over $1.1 billion in 2012, the company is expected to pay no federal or state income taxes. In fact, Facebook will receive net tax refunds totaling $429 million, because tax deductions on executive stock options can be written off as salary deductions.
This is a perfect example of how the deficit and spending cuts are driven by loopholes that allow corporations and wealthy Americans to get all the breaks.
Please join with Daily Kos and our partners at CREDO Action by signing the petition telling Congress it's time to end tax loopholes for corporations and the wealthy.
It's time to reform our tax code to close loopholes for corporations and the wealthy that absolve them of paying their fair share. You must address this in any fiscal showdown deal.
12302 total signers.
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