Google is a huge Obama supporter.
Obama will be pushing to get that ended; he wants that money.
Why not? If it legal. However, if its not legal shoot the Bass Turds.
I’ve only seen Eric Schmidt profess that ‘he’ would be willing to pay more in taxes, not that he advocated for other people for paying higher taxes. He could have, I might have missed that one.
Good for them.
Google pays taxes here in the US. This article is about how they avoid paying taxes on their overseas earnings, primarily in Europe, which is why it says the UK, France, Italy, etc., are investigating.
The original Bloomberg article (which your’s links to) had a lot more info in it. Even had fun terms in it like “Double Irish” and “Dutch Sandwich”. Those are tax-avoidance strategies, regardless of how they sound...
We’ve seen the rise of the samizdat in the USA —that’s us. Now we see the slow but sure institution of a nomenklatura system, here:
Talk up the merits of high tax, and as an insider, you avoid penalty and censure.
And if you’re a loaded-to-the-gills privacy invader, just stash your loot abroad, tax-free, as you fund re-election of a dictator and land your enormous private jet at a NASA facility.
The topper? Rollerblade around your HQ, spouting BS like, “Don’t be evil”.