Hi friend,
Lately, Google has fallen short of its "Don’t be evil" corporate motto.
Lobbyists for the tech giant are pushing for a sweetheart deal that
would let it move all of the money from its offshore tax havens back to
the United States — and pay hardly any taxes when it gets here.
But *why should a company that recently reported $8.5 billion in profits
be allowed to avoid its tax burden* while the rest of us pay our share?
Doesn’t that sound just a little bit evil?
*Tell Google CEO Eric Schmidt to live up to his motto and stop avoiding
taxes.* <http://www.webaction.org/site/R?i=FsorHHdPt0daMJrib5jTjQ>
Overall, corporations have *stashed more than $1 trillion offshore in
order to avoid U.S. taxes*, and tech companies, including Google, are
some of the biggest offenders.
They argue this would help the economy, but *the reality is, we’ve tried
these so-called tax holidays before, and they don’t work*. In 2004,
instead of boosting the economy, the 15 companies that brought the most
money back cut 21,000 jobs and gave their executives a 60% raise. Ever
since, they’ve tried to sell Congress on another holiday.
Last year, the average American tax filer paid an extra $434 to cover
the revenue shortfall — money that could feed a family of four for three
weeks. And in this economy especially, we can ill afford to overlook
this inequity.
*Tell Eric Schmidt: Google should pay its fair share in taxes.*
<http://www.webaction.org/site/R?i=Bd2utRV0pf3AEjyGvmEBoA>
Sincerely,
Andre Delattre
U.S. PIRG Executive Director
P.S. Thanks for your support. Please feel free to share this message
with your friends and family.
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