Google Avoids 3.1 Billion in Taxes

[jason78]

Here is an interesting read. It seems Google has figured out how to funnel profits between countries to avoid taxes. It is no secret that Google is a "Left Leaning" Big Tech. This is another good example how some of these libs love avoiding the very taxes they champion. Remember John Kerry's Yacht?

http://www.bloomberg.com/news/2010-...illion-u-s-revenue-lost-to-tax-loopholes.html

 

[comsnark]

It's not about "liberal"
It's not about "conservative"

It's about MONEY.
Always is. . .always will be.

 

[sbw1]

The headline should be "Goggle Pays the Taxes it Owes." The company got a ruling from the IRS before it channeled revenue streams to low tax countries and expenses to high tax countries. Public companies should maximize shareholder value not tax burdens. Smart move.

 

[jason78]

The headline should be "Goggle Pays the Taxes it Owes." The company got a ruling from the IRS before it channeled revenue streams to low tax countries and expenses to high tax countries. Public companies should maximize shareholder value not tax burdens. Smart move.

I agree completely. The point here is the irony that many of the people running these companies are the same ones going around screaming that we don't pay enough taxes.