Bullshit Artists At Work
According to Bloomberg, Google (whose motto is "Don't Be Evil") cut its US taxes by over $3 billion in the past three years by using sneaky but legal off-shore tax gimmicks. That's billion with a b.
The report claims that Google's overseas tax rate is about 2.4%. Between federal and state taxes, my company pays about 45% of our profits in taxes.
Do you wonder why small
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