Microsoft Offers Washington a Bargain: More State Taxes, For More Education

reifman writes: The Washington State Legislature and its budget is a complete mess this year but there's been an unusual bright spot which may quiet the protesters Slashdot reported earlier: Microsoft has volunteered for an exclusive $28 million annual tax — as long as the state funds a number of computer science degree programs. Visions of these faded after the 2008 recession when the legislature cut $4 billion from K-12 and higher education spending in part to cover the coming legalization and amnesty for Microsoft's Nevada tax dodge (students' tuitions only increased 58.6 percent.) With Microsoft's voluntary tax, the company will have fully repaid its $8.75 billion tax dodge by 2327, just 312 years from now.

Comments

Re: Very similar strategy to Cisco

[Penguinisto]

Like Germany, where they spent $14 million to save $11 million?

Guessing they'll save a lot more than that in the long run - mostly by not having to re-up a massive Microsoft EA multi-million-euro contract every 3 years or so...

In other words, you've fallen for the same short-sighted 'next quarter' BS that the MBAs tend to fall for. Look further out...