To: Dick Costolo, CEO of Twitter
Twitter: Don't Play Tricks with Your Taxes
Don't deduct up to $154 million from your taxes through the corporate stock options tax loophole, when you only spent $7 million. Pay your fair share of taxes.
Why is this important?
Twitter just barely became a publicly traded company -- but it's already finding new ways to dodge its taxes.
A tax loophole might let it deduct $154 million from its taxes, for buying stock options for its leaders -- but it only spent $7 million on those options.
Don't let Twitter get a tax deduction that is 20 times what it actually spent. Tell CEO Dick Costolo not to exploit this loophole.