Tuesday, December 11, 2012

Google's Fair Share

Google's folks heavily supported President Obama this last election. Yessir, they pay their fair share alright. Well, as it turns out, not so much. Can you say Bermuda? 

That's right - Bermuda with no corporate income tax! Google offshores money there and saves a boodle (technically billions) in taxes from both Europe and the U.S. by so doing. OK kids, do as I say and not as I do. Hypocrites.

www.bloomberg.com/news/2012-12-10/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion.html

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