Mark Zuckerberg is, among many other things, the highest-profile taxpayer on the planet today.
After today's Facebook IPO, Zuckerberg will owe nearly $200 million in California state taxes alone. That's "among the largest tax liabilities that a single individual has ever paid at a given point in time," says Jason Sisney of the California State Budget Legislative Analyst's Office.
Zuckerberg's profits will be taxed at a 10% rate in California. That's a much higher rate than in many other states.
President Obama's performance in Tuesday's Arkansas primary won't be as embarrassing as what happened in West Virginia two weeks ago, when he gave up 41 percent of the vote to someone who happened to be sitting in a federal prison in Texas for embezzlement.
But it may well do more lasting damage to his party.
On the show this week, I feature harmony-driven new releases; first from the all female trio Red Molly, and then the Canadian trio Three Metre Day. I’ll also play songs from new releases by Kevin Danzig, Dale Watson and the Gourds, to name just a few. Tune in and listen this Saturday at 8pm to Fresh Folk on Utah Public Radio.
A unlikely coalition failed to derail the government's practice of holding terror suspects for indefinite periods of time.
Some Democrats and Tea Party Republicans put the issue to a vote through an amendment to the National Defense Authorization Act that would have ended the practice but it ultimately failed, today, in the GOP-controlled house by a vote of 238 to 182.
Donna Summer, the queen of disco, died Thursday at her home in Naples, Fla., after a long struggle with cancer. She was 63. Born LaDonna Andrea Gaines, she grew up in a large Boston family singing gospel music and became an icon of a powerful cultural movement, a celebrated sex queen and a staple of gay club life.
Carlos Fuentes, one of the most influential writers in the Latin American world, died Tuesday at a hospital in Mexico City. He was 83. A prolific writer, Fuentes wrote novels, short stories and plays, as well as political nonfiction and essays that criticized the Mexican government during the 1980s and '90s.