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American citizens, unlike citizens of other countries, are taxed on their world-wide income - regardless of where or how they earn. Corporations have accumulat
by aneth4 14y ago
American citizens, unlike citizens of other countries, are taxed on their world-wide income - regardless of where or how they earn.
Corporations have accumulated most of the advantages of being human, but avoided most disadvantages. There is a serious imbalance here when corporations have many of the rights of citizens, but can not go to jail and do not have the same tax obligations.
- greenyoda 14y agoThe other huge advantage that big corporations have is that they employ swarms of lobbyists in Washington who help to create the tax loopholes that the big corporations want. And by paying less taxes to the U.S., Google shifts their tax burden to the middle-class taxpayers who can't afford their own lobbyists.