Tech IPOs could be a boon to California finances in 2012 – Los Angeles Times

Tech IPOs could be a boon to California finances in 2012
Los Angeles Times
Capital gains tax receipts from stock sales rose to $54 billion in 2005, from $39.7 billion in 2004, the year Google went public, according to Franchise Tax Board figures, although it is unclear how much was due to Google. "The state's revenues soared …

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