Facebook, others cash in stock options.
President Obama keeps calling on the rich to pay their fair share, but a new report shows longtime Obama contributor Facebook is getting a tax refund this year worth $429 million.
That's after posting $1.1 billion in pre-tax profits.
"High-tech companies are paying their employees in stock options so extensively that Facebook, Apple and Google are able to get really big tax breaks," says Matthew Gardner with the group Citizens for Tax Justice.
"It's an old tax break, but a growing a new problem," he says.
Just one lawmaker so far is trying to stop the practice, which could save the rest of us billions come tax time.
"Some people have estimated that you could get $25 billion from closing this loophole," says Gardner.
