Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

Google boss says tax avoidance IS capitalism

Bruce66423 (1678196) writes | about 2 years ago

Google 1

Bruce66423 (1678196) writes "Eric Schmidt said £2.5 billion tax avoidance 'is called capitalism': is totally unrepentant. One must admit to being impressed by his honesty, unlike Starbucks who are gratuitously giving the British government money. So the question is — how can British geeks ensure their displeasure is demonstrated — apart from making sure that ALL their friends have Adblocker software installed"
Link to Original Source

cancel ×

1 comment

Sorry! There are no comments related to the filter you selected.

Why do people think "profit" is a dirty word? (1)

A nonymous Coward (7548) | about 2 years ago | (#42268441)

What is it about "profit" that enrages so many otherwise-intelligent people? How many shares does google have -- what is the tax avoidance per share? It sure isn't much.

If I, as a private person, find rules and regulations that enable me to save $1000, how many people whine that I should have paid more? If I ran a corner dry cleaner or convenience store, and find similar wiggle room, does anyone complain? If I were to employ 1,000 people and find $1M in savings, why is that more worthy of complaint than the previous example? If Wal-Mart employs 1M people and saves $1B, is that any more worthy of complaint?

I'll be damned if I can understand such illogical whiners.

Then throw in Warren Buffet, who hires probably quite a few tax lawyers and accountants to structure his organization to minimize taxes, and then has the gall to complain he's not paying enough in taxes. There's a US Treasury address he can mail checks to if he really believes that he hasn't paid enough taxes.

Check for New Comments
Slashdot Login

Need an Account?

Forgot your password?