How Facebook's Elite Skirt Estate Tax

Mark Zuckerberg and other insiders appear to be using special trusts to shield their shares from gift or estate taxes.

Investors are focusing on Facebook's FB 0.00% offering price as the company prepares to go public as soon as next week.

Tax specialists are paying attention to something else: how half a dozen of the firm's luminaries, including founder Mark Zuckerberg, appear to be using a perfectly legal maneuver called a ... Full Story »

Posted by Fabrice Florin - via Craig Newmark, Wall Street Journal (Most Emailed)

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Tomomi Menjo
by Tomomi Menjo - May. 14, 2012

This is a good journalism since it is a newswrothy topic from the stand point of its timeliness for the popularity of Facebook and us being in tax season. Especially since Facebook is going public next week, this would interest many readers. The one thing I noticed was its length. I felt like it kept going on and on and took it to conclusion later than it could have. It does, however, explain the tax system and its process well overall so that anyone can understand what the author is talking about. I was taught that ending with a quote is not good in essays, but I have come to see that it is quite popular within journalism .

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