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There's already a tax on that $18 billion, it's at least a capital gains tax of 20% (not to mention the income taxes on all the attorney's, accountants, etc...

by ry0ohki 13y ago

There's already a tax on that $18 billion, it's at least a capital gains tax of 20% (not to mention the income taxes on all the attorney's, accountants, etc... involved in the deal). You just need to fix the allocation of the tax dollars.

bduerst 13y ago
That's only on cash dividends, selling equity, income on shorting, etc, right? The actual transfer of equity isn't taxed, at least until they try to pull cash out.
- ry0ohki 13y ago
  Without knowing the exact split of stock/cash that's difficult to answer, but we can at least say the cash portion is taxed at capital gains rates.
  - bduerst 13y ago
    Facebook only had 3.3 billion in cash, and I seriously doubt they spent more than a billion on this deal.