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A comment on Can Facebook Save California?. Parent comment

Re:Can Facebook Save California? by borism on Saturday December 25, 2010 @11:13AM (#2039040)
by blowing $2.8 million on nothing

sure, so now Oregon will loan additional $2.8M here and $3M there until it itself becomes the California and comes back to FB asking for money. Of course by then there will be plenty of bankrupt states (countries even?) willing to offer tax breaks to help wonderful companies like FB to relocate.

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Re:Can Facebook Save California? by yummyfajitas on Saturday December 25, 2010 @02:29PM (#2039293)
Or perhaps Oregon will just spend $900 per person less than California.

http://www.taxfoundation.org/research/show/287.html

This move is a win for Oregon. A small pieces of something is better than a big piece of nothing (which is all CA gets).

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Re:Can Facebook Save California? by borism on Saturday December 25, 2010 @02:48PM (#2039326)
Wow, how did Alaska manage to outspend pretty much everyone by 100+% ? Bridges to nowhere and stuff like that?

Anyway, this is getting offtopic since this $2.8M p.a. is breadcrumbs compared to what FB employees will be paying in tax to California and Washington after the liquidity event. And it's not like THEY'll be moving from Silicon Valley any time soon.

So no, Cali is still getting plenty of it.

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