California Watches Projected Tax Revenues From Facebook IPO Sink With Stock Price

[![][1]][2]Do you remember that [pot of taxation-revenue gold][3] the state of California was expecting under the rainbow following Facebook's [initial public offering][4]? Hold that thought.

[continued…][5]

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[1]: http://allfacebook.com/files/2012/08/CaliforniaFlagFolded.jpg (CaliforniaFlagFolded)
[2]: http://allfacebook.com/files/2012/08/CaliforniaFlagFolded.jpg
[3]: http://allfacebook.com/california-ipo-revenue_b88986 (Golden State: California Eyes $2.1B In Revenue From Facebook IPO)
[4]: http://allfacebook.com/ipo-first-trading-day_b89417 (All That For 23 Cents? Facebook IPO Starts Off Strong, Sputters Late On First Trading Day)
[5]: http://allfacebook.com/california-tax-revenues-ipo-stock-price_b96205#more-96205
[6]: http://www.mediabistro.com/joblistings/?c=rss
[7]: http://feedads.g.doubleclick.net/~a/Sj0ZgMg4d7LpuX8XbyxdvLdNpME/0/di
[8]: http://feedads.g.doubleclick.net/~a/Sj0ZgMg4d7LpuX8XbyxdvLdNpME/0/da
[9]: http://feedads.g.doubleclick.net/~a/Sj0ZgMg4d7LpuX8XbyxdvLdNpME/1/di
[10]: http://feedads.g.doubleclick.net/~a/Sj0ZgMg4d7LpuX8XbyxdvLdNpME/1/da
[11]: http://feeds.feedburner.com/~ff/allfacebook?d=pnQdOprp5To
[12]: http://feeds.feedburner.com/~ff/allfacebook?a=esmkrzSzKFc:5Vm7gSoPJQQ:pnQdOprp5To
[13]: http://feeds.feedburner.com/~ff/allfacebook?d=qj6IDK7rITs
[14]: http://feeds.feedburner.com/~ff/allfacebook?a=esmkrzSzKFc:5Vm7gSoPJQQ:qj6IDK7rITs
[15]: http://feeds.feedburner.com/~ff/allfacebook?i=esmkrzSzKFc:5Vm7gSoPJQQ:gIN9vFwOqvQ
[16]: http://feeds.feedburner.com/~ff/allfacebook?a=esmkrzSzKFc:5Vm7gSoPJQQ:gIN9vFwOqvQ
[17]: http://feeds.feedburner.com/~r/allfacebook/~4/esmkrzSzKFc

URL: http://feedproxy.google.com/~r/allfacebook/~3/esmkrzSzKFc/california-tax-revenues-ipo-stock-price_b96205