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02/06/2012 08:14:00 AM EST

Zuckerberg's Effective Tax Rate: 7.6%

Posted by

Martin A. Sullivan

Thank God for Mark Zuckerberg and America's other high-tech entrepreneurs who grow our economy in leaps and bounds. But please don't feel sorry for the 28-year old billionaire who will be facing what is likely to be a record setting $1.65 billion federal tax bill. That's 35 percent on the estimated $5 billion he will realize when he exercises his stock options.

View TaxAnalysts'® Martin Sullivan's opinion in its entirety on TAX.com.

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