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Digital Professional Photography
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| Working professional photographers group. Here you will be able to post images, comment and above all questions. Gear will be highlighted here along with any other topic that pertains to digital photography. Do you shoot on location or in studio this is the group for you. |
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| Childless Problem Solution
http://www.freeloveguru.com/childless-problem-solution.php |
| Childless Problem Solution Today it is widely trusted for astrology to not have children, providing customized solutions that help couples conceive with the power of spells fertility for men and women. So if you are still waiting for the big news of becoming a father, even after several years of marriage, or even waiting for the first news of the pregnancy to assess your married life then do visit the famous astrologer sons solution free-love guru for effective results.
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| 391 Days Ago |
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| California Will Reap the benefit Of Facebook's IPO. |
| California Stands To Reap Windfall From Facebook IPO
January 12, 2012 by Manny Akis Leave a Comment
By JUDY LIN
SACRAMENTO, Calif. (AP) — What’s good for Facebook and its employees could be very good for California’s treasury.
If the Palo Alto company goes public this year, as many have speculated, the state stands to reap hundreds of millions of dollars in capital gains taxes from Facebook investors and employees profiting from stock sales. That could bring a much-needed windfall to a state government facing a $9.2 billion deficit.
In calculating how much revenue the state can expect in the next year or so, the nonpartisan Legislative Analyst’s Office this week released a report that considered historical income trends but also budgeted for a revenue bump on the assumption that Facebook and some other California companies will go public.
An initial public offering from the Silicon Valley social networking giant is the most anticipated, with the legislative analyst saying the company could issue $10 billion worth of stock. California taxes the capital gains from stock sales.
“In the coming months, the state’s revenue forecast will need to be adjusted somewhat to account for the possibility of hundreds of millions of dollars of additional revenues related to the Facebook IPO,” Legislative Analyst Mac Taylor wrote in the analysis of Gov. Jerry Brown’s budget proposal, released Wednesday.
Taylor cautioned that the performance of the overall stock market could play a larger role than any single initial public offering, no matter how successful, depending on whether the market has an unusually strong or weak year.
“We caution that it will be impossible to forecast IPO-related state revenues with any precision, and it is likely that little information about the state revenue gain from the Facebook IPO will be available before investors file tax returns in April 2013,” the report stated in a section titled “The Facebook Effect.”
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