Did they get a deal on their spaceship?
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Most companies in California pay virtually no property taxes/etc. see prop 13
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Design is non-taxable because they all use bootleg copies of Photoshop. Just common knowledge, man.
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not the X
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Hmm.. I think we can triangulate a bit. They released some property tax figures from their discussions with Cupertino about approving the second campus. Had $2.1B in assessed value in 2012, expected $5B in assessed value after finished:pic.twitter.com/V7O8L0tnPZ
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Might spend some time on this later -- Interseting question. I think you can back out their actual taxable value of the properties based on the figures they show here.. Though it appears they figured something out to get out of California income taxes in the past year:pic.twitter.com/UEXecl4r8A
End of conversation
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I’ll bet just as much as I farted out relative to my income. But companies—as well as wealthy individuals—will use every loophole possible within current legislation. Focus on closing the hole (if that’s OK to say).
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I'mma guess... none?
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