View Full Version : Democrats: "Do as we say, not as we do."

12-13-2012, 08:24 PM
Summary: The company's chairman has defended the complex arrangement that sees its UK profits largely funnelled to Bermuda, via Ireland and the Netherlands.

Google chairman Eric Schmidt has said he is proud of the company's tax structure, which has been heavily criticised by lawmakers around the world.

Google paid the UK tax authorities 6m for 2011 despite turning over 395m, in an arrangement that involves sending its proceeds to a Bermuda shell company via Ireland and the Netherlands. The firm was, alongside Amazon and Starbucks, one of the corporations that came in for a grilling (http://www.zdnet.com/amazon-google-accused-of-tax-avoidance-by-u-k-lawmakers-7000007300/) by UK MPs last month over the issue of tax avoidance. A parliamentary committee subsequently described (http://www.guardian.co.uk/business/2012/dec/06/immoral-financial-advisers-tax-officials) the complex avoidance schemes as "utterly immoral".


Google Executive Chairman, Eric Schmidt,may be joining the Obama administration as a cabinet member, according to a recent report (http://washingtonexaminer.com/treasury-secretary-google/article/2515054#.UL-l96WLEaU).

According to the Washington Examiner: "Already a winner on the business front for his support and guidance to President Obama and his reelection campaign, there is growing speculation that Google Chairman Eric Schmidt is in line for an even bigger payoff: secretary of either Treasury or Commerce or a new secretary of business slot."


Obama wishes to have someone who is super successful on his cabinet, despite the super successful man avoiding the payment of "his fair share" as our supreme dictator would put it.

Democrats - Always generous...

With all the money that isn't theirs.

12-13-2012, 08:34 PM
This is such beautiful irony.....laughing all the way

12-13-2012, 08:35 PM
This is such beautiful irony.....laughing all the way

I'm on a roll tonight. More threads coming up exposing these loons for who they really are.

I'm pissed.