Google's tax avoidance is called 'capitalism', says chairman Eric Schmidt

[ChrryBlstr]

http://www.telegraph.co.uk/finance/...ed-capitalism-says-chairman-Eric-Schmidt.html

"Google chairman Eric Schmidt has insisted that he is 'very proud' of the company's tax structure, and said that measures to lower its payments were just 'capitalism'."

 

[ssd]

It's sad.

He's actually doing the right thing by the company.

Don't hate the player, hate the game.

The game needs to be changed.

Too much cronyism, etc in the tax code allowing for loopholes to benefit certain industries or individuals.

 

[ChrryBlstr]

It's sad.

He's actually doing the right thing by the company.

Don't hate the player, hate the game.

The game needs to be changed.

Too much cronyism, etc in the tax code allowing for loopholes to benefit certain industries or individuals.

True 'dat!