Instagram-owner Facebook emits in-house camera app


Re: Zuck will spend most of that money, however, on a gigantic tax bill.

>50%?? Huh ??

I can't claim to be an expert in US tax law (who can, really?), but as far as I know, capital gains tax in the US is 15%, and I'm sure his well-paid army of accountants and lawyers will see to it that he's not paying more than that. State and local taxes are mostly sales taxes.


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