The (legal) corporate money shuffling scheme

A revealing post at Sociological Images on how American corporations like Google (infographic above describes the scheme using Google as an example, but it certainly is not the only corporation using this system) to avoid paying US taxes.

The post describes how American companies use shell corporations in places like The Netherlands or Bermuda to transfer their funds around and avoid taxes. However, the real gems are in the comments section. Statements like “Frankly, if I found a legal way to not pay taxes, I would do it in a heart beat. Not out of greed, but because I fundamentally disagree with a significant proportion of what those taxes are used for”. The irony being that this person is making such ignorant remark through a system (the internet) that wouldn’t exist if it wasn’t for government funded initiatives.

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