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Look at FB's taxes. Effective tax rate went from 46% to 16% if you compare last year to this year. Made FB 1.3B extra money this quarter.

I wonder if this is why Zuckerberg seems to be so friendly to Trump...

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The financial says that they had a $2B penalty (which decreased net income, but I'm assuming wasn't deductible for tax purposes) and a court decision that resulted in tax of about $1B, so their effective tax rate (edit: last year) looked a lot higher than it would have without the penalty and judgment. Their tax rate didn't actually go down from year to year.

Thanks, this is helpful.

If that was the reason. Every CEO would be friendly with him.

Aren't they? The CEO at my company sucks up shamelessly.

Look at Kodak.

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