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

[JOHN COUZIN]

They are all at it, it is normal business for the big boys, Ashcroft, Phil 
Green, then there is Tesco etc. etc. It's the way the game is played, all smoke 
and mirrors and card shuffling. Only the lesser beings on PAYE pay their 
dues.    John.




________________________________
From: Simon Yuill <simon at lipparosa.org>
To: Electron Club members <members at electronclub.org>
Sent: Sunday, 24 October, 2010 17:04:59
Subject: [ELECTRON] Fwd: Do No Evil: Pay No Taxes


-------- 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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