[ELECTRON] Fwd: Do No Evil: Pay No Taxes

[Simon Yuill]

-------- Original Message --------
Subject: [Pen-l] Do No Evil: Pay No Taxes

Bloomberg has an excellent article describing how Google saves
billions in taxes. Besides showing how Google constructs its
international network of tax dodges (similar to what other high-tech
companies use), the article discusses how taxes helped to create the
company and how the federal government gave its blessing to the Google
racket.  I assume that I will also see the article tomorrow when my
BusinessWeek arrives.

The article has too much in it to cull snippets.  Here is the source
so that you can read it for yourself:

Drucker, Jesse. 2010."Google 2.4% Rate Shows How $60 Billion Lost to
Tax Loopholes." Bloomberg (21 October).

http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-billion-u-s-revenue-lost-to-tax-loopholes.html


-- Michael Perelman Economics Department California State University
Chico, CA 95929 530 898 5321 fax 530 898 5901
http://michaelperelman.wordpress.com
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