my dear friend marky z is a small businessman. he started his little financial empire out of his college dorm room, programming and brainstorming and dealing with the insufferable but undeniably handsome winklevoss twins cameron and tyler.*
yo, marky z, you’ve brought together a lot of people with facebook! and you’ve taken your company public so that we all can invest! uh, well, stock prices have dropped since the ipo at just under forty washingtons to yesterday’s $25 per share. talk about affordability!
marky z is going to be reporting roughly $2.3 billion of income from his stock options alone–you have to add in his wife priscilla’s income as a physician and–who knows?–maybe marky moonlights as a bartender. he does get a deduction for $500,000,000 that he gave to the silicon valley community foundation (and yes, i have the correct number of zeros). the top federal tax rate is 48% and the california state government takes out an extra 13.3%. he hasn’t filed his taxes yet this year, but analysts predict he’s going to owe more than $1,000,000,000 with a top tax rate of 48.3%.
really, should we tell marky z about the 1% arlynn presser surcharge on taxes?
and *tell the winklevoss twins that i’m happy to have dinner with them. just not at the same time. that would be too weird.
11 Comments | tags: facebook, income tax, internal revenue service, mark zuckerberg, taxation, taxes, winklevoss twins | posted in Uncategorized
on april fifteenth, the internal revenue service wants to hear from every american . . . . and this year, there are some americans who feel like pulling out their hair.
get out your calculators! figuring out your taxes is fun and easy! oh, and i'm lying about that.
i brought home from the library a two hundred page, single spaced manual that is the 1040 EZ tax manual. so, armed with a calculator, coffee, and a sense of civic responsibility, i will spend the next three days calculating how much money the internal revenue service wants from me. on the other hand, there is a simpler explanation:
6 Comments | tags: april 15, facebook, government, internal revenue service, taxes | posted in Uncategorized