Monday, January 08, 2007

Goodies in Google-land for California employees

In a recent report, 16 Google insiders cashed in 9 million shares last year to the tune of $3.7 billion with a state tax liability approaching $380 million (can you see the legislature angling how to spend it?). This amount will pay the salaries for more than 3,000 state workers. New governor Arnold is also happy to be the recipient of the windfall (well, he doesn't get it but he gets to spend it).

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