4 ms·
> Google broke records and made headlines by announcing an unprecedented $25 billion in buybacks for this quarter. This sort of tax avoidance has been going on
by jussij 7y ago
> Google broke records and made headlines by announcing an unprecedented $25 billion in buybacks for this quarter.
This sort of tax avoidance has been going on for decades.
As just one example see the link below to see how Google has been avoiding it's tax responsibility here in Australia:
https://www.smh.com.au/business/google-paying-a-fraction-of-the-tax-in-australia-it-should-20150208-139176.html https://www.smh.com.au/business/google-paying-a-fraction-of-...
If that same level of tax avoidance was perpetrated by an individual they would be facing decades in prison.
- m-p-3 7y agoImagine all these uncollected taxes that could be used to properly fund public services like healthcare, etc. These businesses are actively stealing the citizens from their essential services.