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Hardworking arrow News arrow Business arrow Business arrow Google stock boom boosts Calif. coffers (AP)
Google stock boom boosts Calif. coffers (AP)
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Google co-founders Larry Page, bottom, and Sergey Brin pose at company headquarters in this file photo taken Jan. 15, 2004, in Mountain View, Calif.  After cashing in 9 million shares valued a $3.6 billion last year, 17 Google employees will owe California about $360 million in taxes.  Tax filings by Brin and Page show the pair paying over half the tab themselves. (AP Photo/Ben Margot, file)AP - Someday, this era may simply be known as The Google Years. California, whose budget revenue slides up and down like a yo-yo with changes in capital gains and stock options, is once again counting on outsized income tax filings from a handful of tech executives to help balance its budget.



Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20070107/ap_on_bi_ge/google_tax_infusion.
 
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