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Could be that some veteran Facebook employees want to move to Washington state to avoid paying taxes on their stock. Shortly after Google went public, a lot of
by dlevine 16y ago
Could be that some veteran Facebook employees want to move to Washington state to avoid paying taxes on their stock.
Shortly after Google went public, a lot of old-time Googlers moved to Washington so that they could avoid paying CA taxes
- jseliger 16y agoDo you have any data / links on this phenomenon? It has the ring of an urban legend, but I could be wrong.
- jbeda 16y agoThe number of Googlers moving to Seattle post IPO was very very small. Most growth in our office came from local hiring. I believe the company tried to filter this out. That isn't to say there aren't one or two though...