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Fixing this sort of loophole should be far higher on Congress's list of priorities than it is now. There is no reason why a massively profitable corporation lik
by lbarrow 15y ago
Fixing this sort of loophole should be far higher on Congress's list of priorities than it is now. There is no reason why a massively profitable corporation like Google should pay so little in taxes when poor Americans are nickel-and-dimed with sales, payroll and income taxes.
- benmccann 15y agoThe standard arguments against corporate taxation are that it's double taxation (the shareholders are already taxes on capital gains and dividends) and that higher corporate taxes lead corporations to choose to base their operations in other countries (e.g. Ireland).
- yummyfajitas 15y agoThe problem goes far beyond Google Ireland and Google Netherlands. What about Tata, Reliance, Baidu and Guinness? None of them pay their fair share to the US government. Something must be done about these evil corporations which exist outside the US, don't bring money into the US, do no business in the US, and pay no taxes in the US!
- recampbell 15y agoWould google exist if not for investments in education and r&d made by US taxpayers over the past 50 years?
- william42 15y agoI wonder what the world would be like if Google were still tied into Stanford.
- mahyarm 15y agoHow much of SV are immigrant engineers in general although? Is it really the USA or just the fact it became a hollywood and it's gravity keeps it going?
- yummyfajitas 15y agoShould US corporations pay the Indian and Chinese governments taxes if they employ people educated by the Indian and Chinese governments? Should all computing companies worldwide pay the British government for their investments in foundations of computing?