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CabalPowered

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11. Actually the number is

Mon Dec 10, 2012, 04:42 PM

Dec 2012

only 1.4 or 1.6 trillion. Read it recently but can't remember where. But it is in the single T digits.

I'm not going to flame you but I don't agree with you. If they're flagged here, they need to pay a tax on foreign income. Plain and simple. But this issue transcends US tax code IMO. I think some form of a global compact is needed. Without one, there will always be a Bermuda or Ireland. And there's an even uglier side to all of this. If the MNC's don't follow the latest in tax evasion strategies, then they're risking a shareholders lawsuit.

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Highlight:

Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion [View all] Catherina Dec 2012 OP

And the middle class BlueManFan Dec 2012 #1

given what corporations are doing.... Fresh_Start Dec 2012 #2

Selling ads for boner pills and our data is lucrative. nt onehandle Dec 2012 #3

So much for "Shared Sacrifice" /eom dballance Dec 2012 #4

Maybe all the femrap Dec 2012 #5

maybe not war, but economic sanctions and restricting people from our country to vacation there olddad56 Dec 2012 #6

I don't know what the answer is.... femrap Dec 2012 #14

I'll get flamed for this but cosmicone Dec 2012 #7

Fine let them do that. Hassin Bin Sober Dec 2012 #9

Actually the number is CabalPowered Dec 2012 #11

MUCH more than 1.6 Trillion - $13 Trillion, with a T. closeupready Dec 2012 #12

That's individuals, not MNCs CabalPowered Dec 2012 #13

Are you sure this is a fact? lexw Dec 2012 #8

I see what you did there. joeglow3 Dec 2012 #10

What happened to "Don't be evil"? FreeBC Dec 2012 #15

They abandoned that when they changed Gmail over the summer Panasonic Dec 2012 #16

Damn, beat me to it. Ash_F Dec 2012 #19

Yes they're the good guy... oh wait. Fearless Dec 2012 #17

Time to boycoott and start a letter writing Bennyboy Dec 2012 #18

Time for all "austerity" governments to make this stuff illegal. kelliekat44 Dec 2012 #20