Senate investigates how Microsoft channeled its profits through Puerto Rico, avoiding billions in taxes. What the GOP will do about it.
Fraud is fraud Mr. Gates. Just because this tax scheme is “legal” does not make it right. Let’s all of us not pay for upgrades and software from Microsoft. Let’s all share the wealth!
A Senate investigation found Microsoft was avoiding a whopping $1.5 billion in taxes every year.
On paper, Microsoft’s facility in Puerto Rico was wildly profitable. With just 177 workers, the plant recorded $4 billion in earnings in 2011, a Senate investigation found.
The gimmick was entirely legal. According to the Senate’s report, the software company’s lawyers were channeling its profits from sales all over the country…
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