Tag Archive: Revenues


Facebook Is Hiding Important Information From Investors

 

 

Yahoo stock collapse

 

 

 

” On July 23, when Facebook reported its earnings for the second quarter, the company stunned everyone.

Revenues were $2.68 billion, up 67% from the same quarter during the year before.

  Even better, 62% of those revenues came from the sale of mobile ads, a business Facebook didn’t enter until 2012, after its IPO. Facebook is now a $200 billion company. That’s a huge number. Facebook’s market cap is now larger than Amazon’s and Yahoo’s combined.

  All of it has Facebook investors big and small thrilled. They should be! Anyone who bought in on Facebook’s IPO has doubled their money by now. 

  It’s still growing its user base. Mark Zuckerberg has shown he’s incredibly savvy about making aggressive acquisition offers. COO Sheryl Sandberg obviously knows how to generate ad revenues.

  All that said, there is one way Facebook is letting down shareholders: It’s withholding crucial information about its mobile advertising business. It won’t say how much of its mobile advertising revenues come from a product called “Mobile App Install Ads.” “

 

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A Primer On State and Local Tax Policy: Trade-Offs Among Tax Instruments

 

 

 

 

” The choice of tax instruments by a state or local government has wide-ranging implications for the economy, and the amount of revenue to be raised should not be the sole criterion used in developing tax policy. The trade-offs between various tax instruments, including revenue, fairness, and collection cost, should all be incorporated in these decisions.

  In a new study for the Mercatus Center at George Mason University, Justin M. Ross defines five criteria for evaluating tax policy and uses them to give a clear overview of the different types of taxes utilized by state and local governments.

  For the complete study, see “A Primer on State and Local Tax Policy: Trade-Offs among Tax Instruments.” “

 

 

 

 

 

 

 

 

A Trippy Idea Or Fiscal Genius? Two Pols Idea To Smoke Away The Deficit

 

 

” What if the United States could shrink the federal deficit and get high at the same time? Two congressmen calling for the legalization of recreational marijuana say it’s not such a trippy idea.

Rep. Earl Blumenauer (D-Ore.) and Rep. Jared Polis (D-Colo.) say marijuana legalization is a common sense fiscal policy that could save the government billions of dollars through a combination of tax revenues and savings from not pursuing costly enforcement and incarceration.

“We are trying to rationalize federal drug policy,” Blumenauer tells Top Line. “We’re spending too much money on enforcement for something most Americans think should be legal, and we’re losing revenue. And we’re going to create federal train wreck if we don’t fix it.”

They say the federal government is behind the curve of states like Washington and Colorado, where recreational marijuana is regulated and taxed.”

 

 

 

 

 Because , you know , they’re greedy , unproductive pigs .

 

 

  ” From the Buffett Rule to France’s 75 percent tax on the wealthy, “soaking the rich” is all the rage once again. Henry Hazlitt, writing his Business Tides column for Newseek, challenged this perennial impulse in the following three articles from the postwar era. Note Hazlitt’s “Laffer curve” analysis, written when Arthur Laffer was in primary school. However, as Hazlitt makes plain, it was public welfare, and not government revenue, that he was really after in pushing for lowering taxes on the rich”

 

 

Cartoon by Chip Bok