The State of Social Media

Facebook just announced its earnings for the most recent financial year that they've reported. $200 million in earnings coming out of New Zealand, it all goes to Ireland where it's taxed at a very low rate and then eventually will be repatriated to America. And this is the I mean, it's all connected, right? Like the reason Facebook's got so much money that can spend a hundred billion dollars and nothing is because it doesn't pay tax anywhere.