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> Google/Facebook will make a bunch of money from it, which they'll pay US taxes on. hahahhaahhaaa. Um no. Possibly some Irish taxes? Maybe some Virgin Islands

• deleted 5y ago
  [deleted]
• emodendroket 5y ago
  At the very least they're going to be doing payroll taxes.
  • marcus_holmes 5y ago
    Google and Facebook are both multinational companies, employing people in many different countries. I guess there's probably a majority of their payroll expenses in the USA, but I have no idea.
• kortilla 5y ago
  You’re confusing federal income tax with federal taxes in general. Google pays significant federal taxes any time they grant out stock or pay cash to employees/execs via payroll taxes. There isn’t a way to avoid the taxation when that excess profit leaves the company somehow to shareholders. Even buybacks that cause stock appreciation lead to significant fed revenue when people sell.