Google has a large charitable arm called google.org, but your point is mostly correct, although the money they pay to employees (and to the government in the fo

Google has a large charitable arm called google.org, but your point is mostly correct, although the money they pay to employees (and to the government in the form of payroll taxes) isn't being destroyed. It's just cycling around the economy, and many employees donate decent amounts of their paychecks to charity (Google does 1:1 matching and encourages this)