[BITList] Fwd: Google boss: I'm very proud of our tax avoidancescheme - Home News - UK - The Independent

[x50type at cox.net]

Yes, this is exactly how American style capitalism works – maximise profits it ANY cost, and be proud of it, better still – brag about it. Yet  According to the U.S. Census Bureau data released Tuesday September 13, 2011, the nation's poverty rate rose to 15.1% (46.2 million) in 2010,[2] up from 14.3% (approximately 43.6 million) in 2009 and to its highest level since 1993. In 2008, 13.2% (39.8 million) Americans lived in relative poverty.[3] In 2000, the poverty rate for individuals was 12.2% and for families was 9.3%.[4]
The government's definition of poverty is based on total income received. For example, the poverty level for 2012 was set at $23,050 (total yearly income) for a family of four.[5] Most Americans (58.5%) will spend at least one year below the poverty line at some point between ages 25 and 75.[6]   

Folks like this Google boss couldn’t care less!



A perfect example of of American style capitalism is mitt Romney – worth $250 million, declared yearly income about $20 million and going back years paid no income tax! [that’s about 240,000 POUNDS PER WEEK for UK pensioners.] 
Because he was running for president he generously said he paid about 13% the last 2 years [his income tax return is said to be over 400 pages for one year and is specially set up to confuse the IRS]

with that sort of clout you can ignore taxes and poverty and write your own laws.
ct
From: M.j. Feltham 
Sent: Thursday, December 13, 2012 3:21 AM
To: BIT List 
Subject: [BITList] Fwd: Google boss: I'm very proud of our tax avoidancescheme - Home News - UK - The Independent



http://www.independent.co.uk/news/uk/home-news/google-boss-im-very-proud-of-our-tax-avoidance-scheme-8411974.html
_______________________________________________
To unsubscribe from this email List, send an email to:
BITList-unsubscribe at lists.bcn.mythic-beasts.com

BITList mailing list
BITList at lists.bcn.mythic-beasts.com
http://lists.bcn.mythic-beasts.com/mailman/listinfo/bitlist
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.bcn.mythic-beasts.com/pipermail/bitlist/attachments/20121213/090c4a86/attachment.htm