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I have always found it interesting that the tech titans, whose employees seem to overwhelmingly support high-tax blue-state politicians and policies, are also e
by lmg643 14y ago
I have always found it interesting that the tech titans, whose employees seem to overwhelmingly support high-tax blue-state politicians and policies, are also engaged in the most aggressive tax avoidance in the world, and given their wild success, probably the largest in history.
We only need to look at Europe to see how widespread tax avoidance plus high government spending creates an unsustainable path that puts the entire economy and country at risk.
Since silicon valley seems like such a civic minded place, I'm wondering if we will ever get realistic about what we'd really like to see happen: either support lower government spending across the board to complement the aggressive tax avoidance, or demand that leading companies pay taxes according to the state or country where the revenue is received, and not based on wherever a shell company may reside.