Facebook IPO Could Mean Budget Boost | KFBK News - Coverage You Can Count On

If the Palo Alto social networking company goes public this year, as many have speculated, the state stands to bring in hundreds of millions of dollars in capital gains taxes from investors and employees who profit from the stock sales.

Read more: http://www.kfbk.com/pages/news.html?article=9605255#ixzz1jUxkCC9F