RT @augieray: So much for "Don't be evil." Google funneled $9.8B into Bermuda last year in order to halve its tax bill. http://t.co/2LeOaFW9
RT @JimLiddle: It's called capitalism': Google boss says he is 'proud' of huge tax avoidance scheme > no it's called morally repugnant http://t.co...
RT @dkorten: #Google chair: Capitalism=tax avoidance. http://t.co/ivE9dzxi Let the little ppl pay. Makes me regret I have Andoid
'Proud' Google boss has pet name for tax avoidance: 'Capitalism'
12/14/2012Currently inflaming Twitter is news that Google boss Eric Schmidt is not only unreservedly unapologetic for the company using every trick in the book to avoid paying tax, he's proud of it. "I'm very proud of the structure that we set up," the executive chairman said in an interview in New York. Pointing out that the practices the company engages in to avoid paying around $2 billion in taxes globally are completely legal, Schmidt went as far as to give it a cute name — "capitalism." "We are proudly capitalistic," he said. "I'm not confused about this." [Source]
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