FASCISM: Google & IRS Scheme, Offshored Profits, Lowered Tax Rate 2.4%, Saves $3.1Billion

[ppmendel]

Instead of closing these loopholes or raising taxes let's eliminate all corporate taxes and income taxes and go to a 20% sales tax (excluding food, clothing, housing and medical) and no state or inheritance (estate) taxes or borrowing except for a constitutionally declared war. Let government live within their means.

[cvn1e]

As a corporation, one cannot expect anything else from Google. Their task is one thing only: make as much money for investors (and themselves) as possible, and this is just one way.

Instead of lowering corporate tax rates further (to what... 0% for Google?!), and instead of raising the corporate tax rate, why don't we eliminate these loopholes? I do hope our greedy Congress can see past the lobbying dollars and for once vote for this country's sake.