Microsoft Freeloading In Washington State Courts
reifman writes "For tax purposes, Microsoft reports that it's earned its estimated $143 billion in software licensing revenue in Nevada, where there is no licensing tax, as we discussed a few weeks ago. However, for legal purposes, Microsoft relies on Washington law and its underfunded courts to defend its contracts as it did in Microsoft Licensing GP vs. TSR Silicon. Application of common legal doctrines such as nexus, the step doctrine, and alter ego theory may lead to findings that Microsoft owes the state more than $1 billion in taxes, interest, and penalties."
Do you go out of your way to find the way in which you can legally give the government the most possible tax revenue?
It is absurd to suggest that any public company not do the maximum they can to minimize their tax liability. You obviously have an ax to grind with MS, and that's fine, but digging up this kind of garbage is ridiculous. The same statements that you have made about MS can probably be made about 95% of the Fortune 500.
"Man is nothing without the works of man" -- Helvetius
Idiot.
...
MS - lets put our tax burden onto the price
Customer - Oh the cost has gone up.
MS -oh, now we are paying more tax because the product costs more, let's put the burden on the consumer.
Customer - Oh prices have gone up again.
MS -oh our taxes have gone up again, let's put it on the consumer.
Customer - oh, the prices have gone up again.
MS - every time we put the price up to pay for taxes, we get taxed more - my brain hurts. Maybe if we understood how taxes worked
I despise Microsoft software. It is the bane of my existence, but give me a break. I assure you, Microsoft-related court fees have next to no bearing on your economic situation.
Help me understand this:
1. Microsoft is the 3rd largest employer in your state
2. You are in a recession
3. You have a 9.3% unemployment rate
4. You want to raise taxes on business.
So that your government has more money to redistribute to people who are not working, who lost their jobs because companies like Microsoft couldn't afford to keep them on in the first place.
Let me propose an alternative.
Reduce your spending just like every other American, and reduce taxes on employers like Microsoft, so that they can afford rehire to your residents.