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Whilst everyone knows that corporate fraud and shell companies exist, it's highly unlikely that many know about the specific details mentioned in this article.
by infinity0 10y ago
Whilst everyone knows that corporate fraud and shell companies exist, it's highly unlikely that many know about the specific details mentioned in this article. And calling a whole group of people "hysterically uneducable" is laughably hypocritical in itself.
As for "find [..] someone abusing it", they also showed that the abuse was quite significant.
And for your claims about GMG tax avoidance, I'm not sure how you can say that with a straight face about 29.4%.
- retube 10y agoGiven that GMG never make a profit I'd be interested in where that 29.4% came from. To my knowledge they pay very little tax as they're loss making. That aside they make well documented use of tax havens which per their rhetoric is BAD EVIL RICH COMPANIES AVOIDING tax so yeah, I do feel it's well hypocritical.
- infinity0 10y agoI think judging someone based on the tools they use to structure their tax focuses on the wrong thing, though it can help point us in the right direction on the worst offenders. The final end result (effective total rate paid [1]) is what matters, and for GMG it's about the same as you or I. [1] globally and across a long period of time, ofc