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Planet Money
10:25 am
Fri May 18, 2012

California's Facebook Windfall

Originally published on Sun May 20, 2012 8:21 am

Mark Zuckerberg is, among many other things, the highest-profile taxpayer on the planet today.

After today's Facebook IPO, Zuckerberg will owe nearly $200 million in California state taxes alone. That's "among the largest tax liabilities that a single individual has ever paid at a given point in time," says Jason Sisney of the California State Budget Legislative Analyst's Office.

Zuckerberg's profits will be taxed at a 10% rate in California. That's a much higher rate than in many other states.

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It's All Politics
9:49 am
Fri May 18, 2012

'President Romney's' First Day In Office: All About Reversing Obama Per Ad

Romney "Day One" ad

Originally published on Fri May 18, 2012 10:23 am

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It's All Politics
9:46 am
Fri May 18, 2012

Negative Coattails: Could Obama Cost Arkansas Democrats The Legislature?

Arkansas Senate President Paul Bookout, a Democrat, speaks in the Senate chamber at the Capitol in Little Rock on April 5. In November, Arkansans will vote for every seat in the state Legislature.
Danny Johnston AP

Originally published on Tue May 22, 2012 12:53 pm

President Obama's performance in Tuesday's Arkansas primary won't be as embarrassing as what happened in West Virginia two weeks ago, when he gave up 41 percent of the vote to someone who happened to be sitting in a federal prison in Texas for embezzlement.

But it may well do more lasting damage to his party.

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The Two-Way
9:36 am
Fri May 18, 2012

House Approves Continuation Of Indefinite Detention For Terror Suspects

A unlikely coalition failed to derail the government's practice of holding terror suspects for indefinite periods of time.

Some Democrats and Tea Party Republicans put the issue to a vote through an amendment to the National Defense Authorization Act that would have ended the practice but it ultimately failed, today, in the GOP-controlled house by a vote of 238 to 182.

The AP reports:

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Remembrances
9:30 am
Fri May 18, 2012

Fresh Air Remembers Donna Summer, Queen Of Disco

Donna Summer, pictured above in 1976, died Thursday at age 63. She had cancer.
Keystone Getty Images

Originally published on Fri May 18, 2012 12:34 pm

Donna Summer, the queen of disco, died Thursday at her home in Naples, Fla., after a long struggle with cancer. She was 63. Born LaDonna Andrea Gaines, she grew up in a large Boston family singing gospel music and became an icon of a powerful cultural movement, a celebrated sex queen and a staple of gay club life.

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